Accounts Receivable handles receipts and provides your company with real-time accounts receivable information. It improves your customer relationships, and enhances your organization's ability to respond to credit and collection issues. This supports the receivables process of sales order shipments through its tight integration with Sales module.
Accounts Receivable Features
Credit and Collection Stability
Maintaining the stability of your credit and cash flow is important in handling your credit and collections. The Accounts Receivable module provides you with the accurate information about the customers’ account balances and credit histories enabling you to handle late payments and speed up collection efforts.
Speed Up Receipt Processing
Accounts Receivable module speeds up the process of applying receipts allowing you to track payment information immediately to improve customer support and cash flow. Using real-time information, you can make immediate decisions about credit, collections and managing your cash flow.
Better Customer Management
Effective handling of customer invoices improves customer relationship. Inquiry and reports provides quick and accurate information about the customer balance and payment, thus, improving the communication between you and the customer.
Simplify Invoice Processing
In Rosetta, Accounts Receivable is simplified by automatically creating an AR record upon the creation of goods or services invoice. Also, it automatically computes discounts, taxes and currency.
Benefits of Using Accounts Receivable
- Fully integrated with Sales and Advance Distribution, and GL modules
- System generated accounting entries
- Generate Invoices from Delivery Receipts
- Adjust AR through debit and credit memos
- Easy recording and monitoring of Accounts Receivable
- Maintains record of customer information
- Reliable monitoring of customer payments
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