The Accounts Receivable module contains powerful applications to handle your cash receipts and collections. You can print customer statements and reminder notices, maintain a database of collection contacts and notes, and account for cash discounts and finance charges.
Using Accounts Receivable, you can also perform the following functions:
Create and access accounts receivable aging reports, history reports, and inquiries.
Tailor information tracking to your company's specific needs by setting parameters in the user-defined information fields
Enter cash receipts into Costpoint when the currency received is not your company's functional currency. Accounts Receivable tracks and calculates gains and losses on these transactions.
Assign a default tax ID number for customers whose transactions may be subject to Value Added Tax (VAT). When an invoice includes a VAT amount, Accounts Receivable uses the tax ID number you provide to keep track of that tax.