Invoice Processing

• Allows users to create manual invoices and credit memos.
• Allows editing of invoices that have been shipped from Sales Orders to make minor price and quantity corrections.
• Handles credit memo application to specific invoices. When creating credit memos, the appropriate credit code for inventory update and sales margin re-calculation are assigned.
• Provides user-defined transaction category codes that allow transactions to be posted to sets of accounts based on both the customer and item sold, enabling flexible Revenue and COGS accounting.
• Allows new customers or inventory items to be added during invoicing.

Cash Receipts Processing

• Cash Receipts can be entered and distributed by invoice or posted as open receipts for later distribution. Invoices that are paid from a corporate account are also grouped by bill-to number thereby allowing many invoices from separate customer numbers to be paid from 1 check.
• Credit memos can be applied against open invoices during cash application.
• Payment amounts greater than the invoice amount can be applied against an invoice, thereby creating a credit balance for the invoice.
• Accepts and tracks non-A/R receipts which print on the daily cash deposit and updates the bank reconciliation.

Multi-Currency

• The ACCPAC Multi-Currency option allows sales to be recorded in the customer's currency while tracking Revenue and COGS transactions in the company base currency.

Reporting

• Prints sales analysis reports by customer, item, salesperson, group, and chain. 
• Includes daily, weekly, monthly, YTD,  and complete history date ranges. 
• Exports data to Excel spreadsheets & HTML formats.
• Prints detail & summary Open Receivables listings aged by user defined date ranges.
• Invoices can be printed individually or by batch, route, new & changed, date range, etc.
• Customer statements can be printed that detail all open invoices and any credits and payments posted to these invoices.

Standard reports included in system:

• A/R Journal Listing
• Cash Receipts Register
• Invoice Register
• Applied Credits Register
• PACA Trust Letters (DDE to MS Word)
• Customer Ledger Listing
• Open Receivables (Summary and Detail)
• Sales Analysis by Customer, Item, Salesperson, Group, Route, and Chain
• Invoices (pre-printed or laser forms)
• Customer Statements w/ duplicate invoices
• Route Detail, Summary, and Recap
• Business Status
• Route Truck Manifest