Streamlined Accounts Receivable Management
The A/R module optimizes the management of accounts receivable, ensuring smooth operations and improved cash flow by offering a range of features to enhance the receivables process:
- Customer Profile: Gain insights into customer statistics, invoice data, aging history, and sales by customer and product line
- Customer Sales Analysis: Explore product line sales by vendor; view sales projections by salesman and branches; and manage cash receipts, adjustments, and credits seamlessly
- Collection Manager: Effectively control past-due accounts; record promises to pay; and manage credit collection activities on a daily, weekly and monthly basis
Efficient Accounts Payable Management
The A/P module streamlines payables management, helping to avoid duplicate invoices, take advantage of discounts and manage vendor relationships effectively:
- Invoice Management: Ensure accurate invoice recording supported by purchase orders, verify purchase orders against vendor invoices and process EDI invoices directly from vendors.
- Vendor Management: Manage product suppliers; access vendor summaries; and track balances, open debt and available prepayments.
- Banking and Payment Processing: Benefit from flexible check-printing options, vendor payment history tracking, ACH and EFT payment options, and bank reconciliation interfaces.
Enhanced General Ledger Management
The advanced G/L module provides comprehensive control over accounting transactions:
- Account Setup Flexibility: Customize account numbers and establish posting and allocation accounts for accurate financial tracking
- Journal-Entry Creation: Easily create and edit journal entries, manage recurring invoices and implement user-defined posting periods
- Budgeting and Reporting: Build budgets; generate balance sheets, income statements, and cash flow reports; and maintain yearly account balance histories
