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Designed to be highly functional, efficient, and easy to learn, the Accounts Receivable module provides the level of receivables control required for maximum cash management and better, more informed management decisions. Integrated with Sales Order Entry, Invoicing and Point of Sale, the Stream V™ Accounts Receivable module allows tight control of credit limits and tracks available credit on and on-line, real-time basis to assure that credit availability is controlled based on the company’s credit policies.
The Stream V™ Accounts Receivable module is a real-time, transaction driven system that posts data on-line to the subsidiary files and the General Ledger. The automatic on-line, real-time posting to the General Ledger of payment entry and invoice adjustments assures that the company’s cash position, as well as the customer’s credit availability, is continuously available. As soon as activity is applied to a customer’s invoice, the customer’s available credit is updated to allow the processing of additional sales. Multiple cash and receivable accounts may be maintained and adjustments may be charged to any General Ledger account.
"Accounts Receivable" is part of the Stream V line of products, developed by Cove Systems.