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Epicor Software acquired this developer.
DUBLIN, Calif., September 13, 2012 — Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced it has agreed to acquire privately held Solarsoft Business Systems from Marlin Equity Partners. Solarsoft is a specialist in midmarket enterprise resource planning (ERP) and management systems for manufacturing and distribution.
“Epicor to Acquire Solarsoft Business Systems.” Epicor Press Release.
The Accounts Receivable module is designed to accommodate the entry and processing of all Accounts Receivable transactions, including invoices, payments, debit notes, credit notes, and adjustments. The A/R module automatically generates all necessary entries to the General Ledger. It collects, organizes stores and presents both accounting and operational information in an easy-to-use and accurate form.
Highlights include maintenance and monitoring of discounts offered at invoicing; customer master management including credit limits and A/R tolerance; cash application across companies; customer, customer grouping or specific invoice cash applications; the ability to apply remittance detail from EDI documents; retroactive billing application; A/R adjustments and miscellaneous cash entry; transmission of invoices by fax, e-mail or EDI to both the bill-to and ship-to customers; calculated average collection days and cash forecasting; rapid access to customer balances and total A/R balance; detailed or summarized aged listings by due date or invoice date (with back dating capabilities); customer statements; cash-flow reporting using A/R detail; and audit trail reporting.
"Accounts Receivable" is part of the iVP line of products, developed by Solarsoft Business Systems.