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The accounts receivable application will give you everything you need to ensure all of your customers pay their outstanding receivables. You are able to enter invoices for one time customers without setting up a separate customer account. The receivables application uses a very specific invoice identification method. This is done to give you the ability to trace customer activity by invoice and generate reports of accounts receivable as of any date at any time. This is done to allow you to analyze customer payment history. You are then able to use this information to establish better credit for your best paying customers. The ability to either write-off or carry-forward differences between the invoices paid and the payment amount at the time the payment is applied to the invoices paid, to simplify this accounting method. This method also provides the best audit trail and accountability of accounts receivable. Further features of the system can be seen below:
"Accounts Receivable" is part of the FINancial Accounting Software line of products, developed by FIN Systems.
FINancial Accounting Software is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.