Accounts Receivable

Accounts Receivable enables comprehensive management of your company’s receivables information.

With Sage Accpac ERP Accounts Receivable, you can manage your customers and fine-tune customer relations by keeping track of important sales information and outstanding balances. Accounts Receivable allows you to easily apply cash to outstanding invoices and create recurring charges for quick invoicing of monthly charges. Accounts Receivable is fully integrated with Bank Services for complete bank reconciliation. This robust accounting solution can be used stand-alone or as part of an integrated system with other Accpac accounting products. Sage Accpac ERP also runs through a standard Web browser, so you can design and view financial statements anytime, anywhere.

Highlights

• Flexible invoice and cash processing.
• Powerful audit trail capabilities.
• Easy customer account management.
• Quick review and analysis of receivables.
• Complete, customizable reporting.
• Multicurrency support using the add-on Multicurrency module.
• Drill down from General Ledger to Accounts Receivable.
• Drill down from Accounts Receivable to Order Entry.
• Web-based or traditional Accpac desktop interface.

Accurate Management of Customer Records


• Organize customer records quickly and easily.
• Create customer groups for statistical and reporting purposes.
• Maintain separate numbers for clients and contacts in your customer records.
• Create an unlimited number of ship-to locations for each customer.
• Specify for each customer whether to allow a partial shipment of items.
• Set up your customers for shopping on the Web through Accpac eTransact.
• Enter an unlimited number of customer comments with expiration and follow-up dates.
• Accumulate customer statistics and retain that information for as long as you need it.
• Handle both open-item and balance-forward customers.
• Set up billing cycles to print statements and charge interest for groups of customers.
• Maintain customer e-mail and Web site addresses.
• And much more!

Flexible Invoice and Cash Processing

• Maintain an item price list for invoicing.
• Import transactions from other accounting systems or applications.
• Drill down from the customer’s transactions and receipts in Customer Activity to the originating transactions and receipts.
• Print invoices, debit notes and credit notes individually as you enter them, or print them in batches.
• Update recurring charges automatically by amount or percentage.
• Send statements and invoices to customer’s billing address, customer’s e-mail address, customer’s fax number, contact’s e-mail address, or contact’s fax number. ****
• Use the Reminder List capabilities of the System Manager to remind staff to process recurring invoices.
• Create messages that you can use when sending statements and invoices to your customers by e-mail.
• Define and use all the optional fields and values you require within your receivables system. ***
• Assign invoices proportionally to as many as five salespeople.
• Track sales statistics for each salesperson.
• And much more!

Powerful Audit Trail Capabilities

• Keep details of all fully paid transactions and print them when needed.
• Maintain complete details of your statements for reprinting them at any time.
• Print and review complete transaction details, including details of receipts and adjustments applied to the transactions.
• Print a journal of the entries posted in each posting run.
• Keep complete transaction history for as long as you choose.
• Choose the information that will appear in the General Ledger reference and description fields.

Quick Data Review


• Perform on-screen aging and preview customer transactions.
• Review up-to-the-minute information including current balance, last activities and complete transaction details.
• Review current and historical transactions, as well as detailed statistics for each customer account.
• Display customer receipts by bank or status and drill down to review all applied documents.
• View customer receipts by bank range, customer range, receipt status, transaction type, date range, year and period range, and receipt number range.

Complete, Customizable Reporting Forms

• Create custom invoices, statements and deposit slips.
• Print Aged Trial Balance, Overdue Receivables, Customer Transactions, Customer List and Statistics, and General Ledger Transaction reports using sorting and selection options that let you focus on specific transactions.
• Create your own reports.
• Print different dunning messages for each aging period and different sets of messages with different statements.

Multicurrency Support Using the Add-On Multicurrency Module

• Compete globally with full multicurrency support including the ability to enter invoices and apply receipts in any currency.
• Revalue open transactions as exchange rates fluctuate.
• Print reports in both the customer’s source currency and your functional (home) currency.

Integrated Solution

• Integrate with other financial applications such as Order Entry and General Ledger for a comprehensive management solution.
• Create general ledger batches directly in General Ledger or create batches that are ready to import to a general ledger at a remote location.
• Post transactions to General Ledger in consolidated form or with full details.
• Create general ledger batches automatically during posting or as needed.
• Use Common Services to maintain all bank and currency information. **
• Use with Tax Services to handle all tax computations.
• Share customer information with Order Entry.

* Features vary by product edition.

** Multicurrency is an add-on module.

*** Transaction Analysis and Optional Field Creator is an add-on module.

**** Accpac Messenger is required to send documents by fax.