$image\ars000_shg.gif$ Accounts Receivable Overview

The FACTS Accounts Receivable module maintains accurate file information, provides complete audit trails and optionally posts to General Ledger. Interaction with General Ledger is automatic and great flexibility is available through the use of GL posting tables.

The system has been designed so that all transactions will produce a printed audit trail. This allows users the secure feeling that all information is traceable throughout the system. Instructional prompts, default values and the capability to back up to previous inputs promotes both operator efficiency and comfort in using the system.

Accounts Receivable is broken down into the following menus:

$image\ars100_shg.gif$	Invoice Processing. Enables you to enter and manage individual customer invoices. Recurring Invoices. Enables you to enter and manage invoices for service contracts or maintenance agreements.
$image\ars200_shg.gif$	Cash & Credit Application. Enables you to post cash and checks received and make adjustments to open receivables.
$image\ars300_shg.gif$	Returned Checks Enables you to manage returned customer checks.
$image\ars400_shg.gif$	Dunning Letters. Enables you to create past due notices and manage their distribution.
$image\INQ_shg.gif$	Inquiries Enables you to quickly look up information about customers and AR invoices.
$image\REP_shg.gif$	Reports & Prints. Enables you to track and manage Accounts Receivable information.
$image\EOP_shg.gif$	End of Period Enables you to close out Accounts Receivable each period.
$image\FLM_shg.gif$	File Maintenances Enables you to set up and maintain records for customers, salespeople, tax tables and customer payment history, and set controls for statement prints, dunning letters, etc. The system also contains an additional maintenances sub-menu; the programs are Infrequent File Maintenances. These infrequent file maintenances (found on the Infrequent File Maintenances menu) are used mostly during installation.