The accounts receivable module enables you to add, delete and modify information regarding your credit customers and their credit limits, payment terms, currencies and other information pertaining to your receivables. Through the accounts receivable module you will post payments received from your customers and print statements of account. You will maintain records of purchases and payments, statistics based on customers, products and services purchased and sales staff. You will track your customer accounts to enable you to make informed decisions regarding credit management. The accounts receivable module includes listing and report programs that enable you to display and print the status of your receivables for the current and former processing periods.
The accounts receivable module is fully integrated with the general ledger module. Normally you will not perform general ledger journal entries affecting your accounts receivable. A system balancing test enables you to verify at any time that your accounts receivable and general ledger systems are in balance.
Some programs of the accounts receivable module are terminal dependent. This means that the batches created may only be accessed from the same terminal that originally created them. This eliminates the possibility of data corruption caused by two operators attempting to add or modify data in the same batch. Terminal dependent programs are identified in this manual.