Accounts Receivable

Payments

• Enter payments on-account toward the customer open balance
• Customer's current account balance appears on screen
• View detailed customer information at the payment screen
• Customer can pay using cash, check, credit card, or store credit
• Review a list of customer payments, by date or customer name
• Track each customer's payments and history

Statements

• Set up a revolving statement system, allowing for interest charges
• Automatically assess interest fees and late charges
• Designate certain customers to not receive statements in the mail
• Generate customer statements
• Review statements by the statement date or the due date
• Statements display each receipt paid for on the customer's account and each account payment made during the previous statement period
• Statements show the necessary minimum payment and any interest or late fees that have been assessed
• Aging Report shows customer balances for each purchase; for 0-30 days, 31-60 days, 61-90 days and 90+ days