Accounts Receivable

Objective

To accumulate and manage customer activity, ensuring timely revenue collection and effective reporting in order to enhance cash flow management

The Value of SYSPRO Accounts Receivable

• Improves customer service through instant, on-screen access to all account information, including outstanding invoices, sales orders and work in progress
• Follows up collections using credit management tools
• Analyzes the profitability of each account
• Identifies potential bad debts early
• Maintains contact information, creates notes and details credit management information for effective customer service
• Optional finance charges on overdue accounts
• Supports recurring invoicing
• Supports miscellaneous unassigned cash receipts
• Gives the ability to fax customer statements
• Provides average days-to-pay information
• Preview of reports to screen, fax and e-mail capabilities

Matching SYSPRO to Your Business

• Creates individual terms, tax and discount tables
• Supports multiple delivery addresses
• Defines currency used by each customer
• Utilizes flexible, user-defined aging periods for business credit management
• Provides user-defined General Ledger integration by branch, product class, geographic area and warehouse
• Customer/stock code cross reference and interchange
• Retains balances in local or foreign currency
• Orders discount breaks by product class and/or order
• Provides master/sub-account relationships
• Automates recurring monthly invoices for leases an rentals
• Matches cash received with outstanding invoices manually or automatically by invoice or aged date
• Limits customers credit or place them on hold
• Attaches credit management notes, sound clips and video images to customer accounts and individual transactions
• Balance and history capture facility
• Electronic trading customers
• Customizable set of data entry fields that may be viewed in the query

Audit Trails and Reporting

• Detailed audit trails of all sales and cash transactions plus master file changes
• Graphical invoice aging query
• Credit Management Report, with follow-up dates
• Cash posting worksheet
  
• Flexible management reporting
• Substantial customer account reporting
• User-defined statement and label formats including bitmaps or the optional use of word formatting
• Bank deposit slips
• Track proof of delivery information

Integration

• Integrates with the Sales Orders & Invoicing, Inventory Control, Cash Book and General Ledger modules
• Integrates with other physical locations using the IMPACT Encore Interface System thereby reducing line costs
• E-mail reports or fax documents with the Office Automation module