Accounts Receivable

Accounts Receivable Highlights

Provides immediate access to account information and credit histories
Improves credit management with customer credit profiles
Handles multiple banks, currencies and General Ledger accounts
Access customer accounts easily
Uses Balance Forward or Open Item mode to ensure compatibility with your accounting methods
Reduces processing time with automatic cash receipt application
Handles NSF cheques, post-dated cheques, and customer deposits

AXIS Accounts Receivable tracks customer invoices and payments to provide extensive inquiry, credit history, and reporting functions to process receivables. For complete and accurate receivables accounting, Accounts Receivable maintains credit profiles, sales records and a list of sub-customers (parties that make purchases on a customer's account).

To improve the efficiency and timeliness of receivable collections, Accounts Receivable lets auto clubs:

process and report on cash receipts
enter and print miscellaneous (manual) invoices
consolidate customers with a common billing address
set service charges with customer-specific rates
calculate service charges, split terms and discounts
create mailing groups and print mailing labels
print customer statements
maintain and track receipts by customer, for easy account balancing and integration with General Ledger accounts
interface with Emergency Road Service to process payments from Special Clients (such as affiliated clubs and roadside assistance programs)

Accounts Receivable interfaces with Accounts Payable to accommodate credit balance transfers for customer and supplier accounts. Accounts Payable also interfaces with Travel to invoice customers for transactions processed from the Central Reservation System.

To help track and process receivables, Accounts Receivable offers a range of reports.