Accounts Receivable

For optimal customer service and cash flow management, you need instant visibility. Through a series of comprehensive customer and invoice inquiry capabilities, as well as audit reporting functions, glovia.com Accounts Receivable provides this critical visibility, while giving you the tools you need to optimize cash and credit management for both local and international trade.

Accounts Receivable At-A-Glance

Accounts Receivable Documents

• Support for invoices, credit memos, debit memos and notes receivable
• Maintain information created by the Billing application
• Create accounts receivable document information
• General ledger account distribution
• Currencies with exchange rates
• Currency rate freeze
• Revalue documents for currency exchange rate changes with variances

Interactive Cash Receipts

• Unapplied cash or cash directly applied to document
• Miscellaneous cash receipt
• Multiple currencies
• Reversal of non-sufficient funds checks
• Apply cash receipts by invoice number, customer number or location code
• Suspend entry transactions to allow verification
• Direct Debit Processing

Unapplied Cash and Credit

• Cash application and credits to selected document(s)
• Adjustments for payment term discounts
• Ability to write-off charges with reason-code audit notation

AR/AP Contra

• Ability to link Vendor and Customer account(s)
• Offset individual transactions
• Process net balance
• Contra audit trail

Fiscal Calender Period Rolls

• Billing control dates and secured periods
• Cash receipts control dates and secured periods
• Roll year-to-date sales and payments to history

Customer Information

• International addressing by customer location
• Customer text and notepad
• Cycle code for statements, billing and sorting
• Paying location for consolidating statements
• Customer remit-to location
• Sales, excise, UseTax, VAT and JCT
• Credit limit and status
• Flexible statement processing
• Optional service charges
• Balance forward or open item accounting

Statements Generation

• Cycle billing
• By range of customers
• Limit by credit balance or minimum balance
• Consolidate by paying location
• Remit-to address option
• Service charges generated

Inquiries and Reports

• Individual Account with Search
• Individual Document with Search
• Cash Receipts Registers
• Aged Receivables
• Weighted Average Aging
• Days Sales Outstanding
• Open Credits and Open Discounts
• Customer Information
• Customer Labels for Mailings
• Period Financial Impact
• Value-Added Tax History
• Odometers and Policies
• Collections
• Bank Reconciliation
• Customer Statements
• Service Charges
• Currency Revaluation
• Dunning Letters
• Disputed Invoices