Accounts Receivable

The Application-360 Accounts Receivable module helps you efficiently manage your customer accounts and provides a streamlined process to meet your invoicing and collection requirements. An unlimited number of customer accounts can be setup with unlimited billing and shipping addresses, contacts, and memos for recording vital customer information. Customer accounts may be grouped into parent and child relationships for collection purposes.

Invoices can be automatically generated from recurring templates, sales orders, customer estimates, quotes or billable time and expense entries entered in other modules. Application-360 automatically defaults invoice values from customer defaults and calculates due date, sales tax and pricing discounts. Invoice amounts are automatically distributed to General Ledger accounts based on the items and services being invoiced. Credit limit checking can be performed for all or selected customers at invoice entry time, and invoices can be placed on credit hold to allow you to control a customer's outstanding balance.

During payment entry, credit card authorizations can be processed, and you can automatically apply cash receipts to open invoices. You can also process cash sales and print receipts. Refund checks can be automatically generated for customer credit memos.

Online invoice and payment inquiry screens provide immediate access to all open and historical customer documents. Accounts Receivable queries and reports with drill-down capability provide the in-depth customer transaction details necessary for customer account management.