Accounts Receivable

In the Avatar Accounting System, the accounts receivable module, like the payables module actually reads the general ledger detail for the information it prints on reports and for inquiry purposes. All reports and inquiries will be tied to the general ledger. All reports and inquiry screens reflect the information as current as the last posting to the general ledger. The accounts receivable system gives you the ability to:

• Decide whether to use a balance forward or open item system
• Perform an inquiry by owner and/or property
• View detailed or summary aging reports. Additionally you can perform aging by the number of days or by month
• Setup automatic updates when cash receipts are posted; or journal entries or JIB is processed
• Use one of four different types of accounts receivable: Revenue, JIB, AFE, and Other
• Compile detailed owner statements or statements in summary by property
• Manually adjust interest charges by owner