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Features Include

  • Automatic cash discount calculation
  • Adjustment can be entered during cash application write-off or bill-back with specific descriptions and customer bill-back document
  • Create debit or credit memos per account - in cash application or from separate menu option
  • Automatic creation of AR invoices from OSI Invoicing application
  • Multi-currency AR - automatic gain/loss calculation and booking - earned and unearned
  • Tracks allowed and unallowed discounts and deductions by reason code
  • User-defined aging periods
  • Supports partial payments, payments on account, and non-AR cash
  • Customers may be national account, pay-from or bill-to Unlimited customer groups for reporting and analysis
  • Customer statements - optional finance charge calculation and application
  • On-line inquiries of cash, customer accounts and payments, customer histories

Other Applications

The following applications are designed to work hand-in-hand with Accounts Receivable:

"Accounts Receivable" is part of the Knovalent Automotive line of products, developed by Knovalent.