The FastFund Accounts Receivable is a fully integrated solution with FastFund's Nonprofit Software General Ledger. The integration of the General Ledger and the Accounts Receivable doesn't require separate download or linking procedures. All client activity is automatically posted to the General Ledger.
FastFund's Accounts Receivable has the ability to do the following:
- Create a list of clients with names, addresses, contacts, accounts receivable control accounts and payment terms
- Track four types of billing and receivable sources for each client
- Record client bills
- Apply payments against client bills
- Maintain a subsidiary ledger for each accounts receivable account
- Keep a detail history of all client activity
FastFund Accounts Receivable helps you manage your client bills and payments, planning cash flow and tracking revenues. Plus, you can keep multiple Accounts Receivable control accounts, each with its own subsidiary ledger. This is useful if you have different sources of revenue and each has a separate list of clients for billing.
Each client can have up to four receivable accounts to track different receivable sources for third party billing.
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