About Accounts Receivable Configuration
Prerequisites for Accounts Receivable Configuration
The Accounts Receivable module enables you to manage debtors’ accounts, invoices, and remittance. AR also supports management of payment collection through the production of periodic statements and reminder letters.
You can also manage and track remittance from credit card merchants accounts receivables, with specific functionality available to compress individual credit card settlements into a single invoice. The single invoice is automatically transferred to the debtor ledger account for the payment type during the End of Day.
You can activate optional functionality for the Accounts Receivable module in OPERA Controls.
Financial Charges |
Enables the ability to post a calculated percentage or fixed amount charge on a monthly cycle – typically used for charging overdue payment fees. |
Fixed Charges |
Enables the ability to auto-post a periodic charge to an AR Account based on defined cycle – daily, weekly, monthly. |
Traces |
Enables the ability to add an actionable date-driven reminder on AR accounts. |
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AR Statement templates.
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Reminder Letter templates.
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AR Account Types.
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Financial Charges
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Reminder Letter Cycles
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Restriction Reasons.
Related Topics:
Trace Texts
Departments
Toolbox – Utilities – Data Management – Enter Old Balances