Accounts Receivable

Improve cash collection effectiveness

A vital part of the accounts process, Answer Accounts Receivable can be easily customised to suit your policies and procedures.

Use this module to help increase productivity and effectively correspond with your customers.
Make quick definitions of important data structures such as Terms of Sale and Currency Rates.

Apply cash/payments received quickly and easily, either for individual Customers or Group Customers. Cash/payments received are automatically posted to Cash Book as 'Uncleared', ready for reconcilliation.

Use the Answer Cash and Action Management facilities to provide credit controllers with a workbench that will support the collection of cash.

Place 'actions' for follow up on given days, put an account on stop, record promises to pay and much more.
Access to all customer and credit related functions within Answer Enterprise ERP are available via this workbench.

Generate Statements, Dunning/Follow Up letters for customers, as and when required.

Optionally generate and post 'Interest' against delinquent/overdue debts.

Manage Payment Terms from the very simple to the complex, with or without any term-based discounts.

As an integral component of Answer Enterprise ERP, Accounts Receivable integrates with Sales Order Processing and General Ledger, Accounts Payable and Cash Book modules to ensure Accounts Receivable works with the rest of your business.

Key Features Customise to suit your business Increase productivity Improve cash collection effectiveness Quick definitions of important services Post cash by Bill To Customer Post cash by Group Customer Capture payments by Tender i.e. Credit/Debit card etc.

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