RFMS Accounts Receivable provides instant access to credit checking, payment history and outstanding balances. Easily manage your receivables by producing account statements including the calculation and tracking of finance charges. A/R data is an automatic by-product of your completed jobs and projects. No more A/R reports inflated with work-in-progress numbers, and no more double posting of payments.
- Payments are posted to customer orders and a real balance is maintained.
- Allows quick review of all payments and outstanding balances.
- Generates receipts from all payments and credits.
- Automatically reconciles receipts to bank deposit.
- Maintains record of all customer deposits on jobs not yet completed.
- Automatically updates General Ledger.
- Automatically updates A/R when job is completed.
- Generates aging reports for adjustable periods.
- Generates a detail report that lists transactions on each order and current status.
- Sorts reports by account name or salesman.
- Tracks retainage on Progress Billed orders.
- Generates a Billing Notice/Invoice when a job or project is completed.
- Statements can be printed on plain paper or on your own letterhead.
- Tracks the average number of days a customer takes to pay balances.
- On Hold report lists all orders in a "hold" status in Order Entry. No finance charges on these orders.
Click to view overview of the Accounts Receivable module.