The Receivables menu is where you enter data relating to income for processing through the General Ledger and Client files. This area of the system does not include the Order Entry function or Stock Control. This is covered in Community Inventory Mode.
The menu is divided into 4 sections for different functionalities:
Enter income through Money Receipt (Cash) or Client Invoice. Credit Memo, Client Journal, Client Receipt and Client Refund cover adjustments to Client Accounts.
Search by Transactions, Allocations, Client and Class the main Receivables files.
The Posting function enables the final processing of all transactions through to your General Ledger accounts. Once posted very few modifications are allowed, and NO deletion of any posted transaction is allowed.
Once a transaction is posted you have two options:
Print Client information, balances, transactions, dashboards and Deposit listings for your Bank. Produce statements to send to Clients for collection of accounts.
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