• "Open item" or "balance forward" methods of recording payments.
• Accommodates sales tax, goods and services tax, and value added tax methods.
• Supports credit limits and credit holds for customers.
• Customers can be accessed globally by a keyword name or customer number.
• Unlimited "ship to" locations for a customer, with tax codes by location.
• Supports entry of invoices, credit memos, cash sales invoices and recurring invoices.
• Flexible invoice entry screens meet the diverse needs of specific users.
• Product codes with table driven subledger and commission distributions.
• Multi-level sales persons and commission rates on a single invoice.
• Commission recipients and percentages can be revised after the invoice is posted.
• Retention processing capability.
• Multiple invoice print formats with flexible selection criteria by customer, invoice number, invoice type, etc.
• Computes finance charges and generates a service charge invoice on past due invoices based on user specified payment terms.
• Notepad feature for recording customer or collection activity comments can be associated with specific invoices.
• User-defined messages can be associated with invoices and statements.
• Miscellaneous cash receipts and unapplied payments entry.
• Voiding a cash receipt automatically resets the invoice(s) to an unpaid status.
• Multi-level On-line Invoice Inquiry by Customer
Total Invoice Activity for Selected Customer
Summary Invoice Data
Subledger Distribution
Receipt Details
• On-line inquiry of historical customer activity includes pertinent data such as contact name, credit limit, total receipts amount and balance due.
• Flexible print formats for periodic statements that meet each customer's requirements.
• Purge processes for all transactions with interlocks to prevent deletion of "incomplete transactions".
The following System 20/20 modules send (
) transactions to and receive (
) transactions from the Accounts Receivable module.
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TRANSACTIONS | ||
Cost Accounting |
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Invoices for cost center billing |
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Equipment |
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Rental Charges |
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Inventory |
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Customer order sales invoices and credit memos for returned goods |
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Work Order |
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Customer billings |
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Cost Accounting |
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Actual billing |
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Equipment |
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Customer billings of equipment rentals |
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General Ledger |
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Customer invoices, receipts, service charges, debit memos, unbilled retention |
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Work Order |
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Invoiced quantities and costs against a purchase order |
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Control File Section Listings |
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Unpaid Invoices - Collection Activity |
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Customer Listing |
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Unposted Recurring Invoices |
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Bill to Customer LIsting |
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Projected Receipts |
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Inactive Customer LIsting |
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Receipts Register |
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Customer Performance |
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Unapplied Payments |
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Statements |
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Voided Receipts |
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Billing and Receipt History |
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Summary Receipts Register |
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Aged Accounts Receivable |
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Adjustment Journals |
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Accounts Receivable Subledger |
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Sales Tax Report (cash or accrual basis) |
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Invoice Detail |
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Sales Commissions (cash or accrual basis) |
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Sales Invoices |
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Product Analysis |