ACCOUNTS RECEIVABLE

Proper management of Accounts Receivable has a positive impact on cash flow and reduces bad debt. An accurate and up-to-date aged receivables listing can identify delinquent accounts and assist your credit department in maintaining control of those situations. Customer balances are re-aged daily and statements can be printed on demand. Finance charges can be applied to selected accounts.

Extensive inquiries provide immediate access to vital customer information, including aged A/R detail and complete invoice and payment history. Integration with the DAPREX Internal Note System provides a powerful tool for maintaining a tickler file for credit tracking.

MANAGEMENT TOOLS

• Open item system enables accurate receivables aging
• Daily aging of invoices immediately identifies overdue accounts
• Ability to set and monitor customer credit limits
• On-demand summary and detail aging reports
• Interactive screen inquiries provide access to detailed customer information
• Powerful cash receipts processing
• Finance charge billing
• Monthly detailed Sales Journal inquiry

FUNCTIONS

• Six user-defined aging categories
• Customer verification with each entry
• Automatic due date and discount calculation
•  Flexible cash receipts processing

• Multiple deposit accounts
• Access by customer account#, name, invoice#, or invoice amount
• Full, partial and on-account payments
• Manual or automatic discount computation
• Multiple write-offs and adjustments per invoice
• Chargeback processing

·        Selective statement cycles

·        Instantaneous retrieval of customer data via screen inquiries

• Access by customer#, name and/or zip code
• Aged account detail by aging category
• Unlimited customer invoice and cash receipts history
• Delinquent account status
• Tickler file entry, inquiry and reporting
• Sales tax reporting
• Integration with the DAPREX General Ledger system

REPORTING

• Daily and monthly invoice registers
• Daily and monthly cash receipts journals
• Monthly cash adjustment analysis
• Monthly Sales Journal G/L detail
• Accounts Receivable Listing

o         Summary and detail reports available on demand

o         Agings by salesman, customer category, division

o         Selected customers and aging categories

• Credit limit reporting
• Statement processing
  • Selected aging categories
  • Weekly, monthly, and on-demand
• Customer ledger history
• Customer labels
• Customer inactivity report
• Customer credit hold report
• 12 month sales