Accounts Receivable

The accounts receivable function is a critical part of any business. The CYMA IV Accounts Receivable system provides advanced tools to manage customer relationships, process invoices, track payments and manage all credit activities. Featuring sophisticated tax processing capabilities, flexible invoicing, powerful statement processing and easy customization, this powerful module is designed to meet the most demanding needs of a wide variety of businesses.

The CYMA Accounts Receivable module features:

• Full Integration with GL and all CYMA Modules
• Recurring Invoices may be automatically generated weekly, bi-weekly, semi-monthly, monthly, quarterly, semi-annually and annually
• Volume Billing allows invoicing for a common charge to a select list of customers such as monthly dues or tuition.
• Robust payment processing supports partial payments on a line item basis, overpaid amounts, miscellaneous payments, transfers between accounts, applications of unapplied payments, Write-Offs credits, and NSF checks all on one screen
• Payment types: Cash, Check or Credit Card, transfer and adjustment
• Single payment may be applied to multiple customer accounts and single payments may be applied to both customer and miscellaneous accounts
• Miscellaneous Payments will accept negative entries to allow the ability to enter a counter charge to an expense account such as a credit card fee
• Order and Invoice Activity drill down capability
• Invoice Status Inquiry System
• Automatically generate COGS entries
• Credit Hold Treatments: Ignore, Warning Only, Hold With Override, Hold Always
• 15 character customer ID
• Discount percentages
• Unlimited number of tax id's and tax categories
• Unit Price supports 4 decimal places
• Powerful invoice entry support printed, manual, and email invoices.
• Enter invoices and associated payments on one screen
• eMail Statements
• Set customer specific pricing by date range
• Global price updates
• User defined fields for customer and invoice records
• User defined bank accounts may be uniquely assigned to different method of payments (one bank for credit cards, another for cash, etc.)
• Credit limit processing
• Full support of on account and deposit payments
• User defined invoice & statement formats