Accounts Receivable

The powerful features of eFinancials Accounts Receivable allow constant monitoring and reporting of all receivables. The ability to set up as many receivables sub-ledgers as necessary provides the framework for the existence of multiple ledgers reflecting either different companies, receivables (e.g. expense, credit card), divisions or customer types within an organization. To maintain total flexibility, each separate ledger can operate with its own period definitions and differ from the General Ledger current accounting period.

eFinancials Accounts Receivable has been designed to give the user total flexibility in dealing with cash receipts or any other payment receipt type. Standard Accounts Receivable reports include Customer Statements, Ageing Reports, Cash Flow, Credit management and Budget Performance.

Credit management is a powerful eFinancials Accounts Receivable feature. Credit managers are provided with special inquiries, which enable them to monitor customer outstanding balances rapidly. They can attach comments regarding a customer or regarding an outstanding invoice. Disputed items can be marked and controlled. Credit control reports analyze outstanding balances by both the customer and credit manager.

Key features include

• Multi-Ledger
• Multi-Application
• Multi-Currency
• Multi-Payment
• Multi-Period
• Multi-VAT Rates
• Multi-Transaction Type
• Multi-Discount Terms
• Sales Invoicing Module
• Comprehensive Credit Control
• Common Customer/Supplier capability
• Template Invoice Creation
• Installment Plan Processing
• Direct Debits Enhancement ( Audis compliance)
• Late Payment Interest Processing
• Pre-Litigation Processing
• Email Interaction