The Accounts Receivable module tracks invoices on an open item basis and will optionally generate General Ledger entries. Invoice credit and debit memos are supported.
Numerous reports are available to give a complete picture of receivables.
The bookkeeper or operator runs a dollar amount total of all invoices to be entered. The batch total amount is entered and a batch control number is assigned by the program. Each invoice is then entered, and in turn the account detail is entered for each invoice. When the dollar amount of the invoices equals the batch total, a 'Batch Invoice Report' is printed. If the bookkeeper or accountant is satisfied the batch is in order, it is posted to the master files.