The CompassCPA Accounts Receivable Module provides on-line capabilities to
maintain extensive customer information, process invoices and memos, perform cash
application, and manage customer collections.
Adapt to your needs
-- Use as a stand-alone accounting environment or integrate with other modules.
Conquer reporting -- Master/Subsidiary Customer hierarchy groups for reporting and cash
application purposes. Generate: individual statements per customer; a statement to the
master customer comprising all transactions for the subsidiary customers; a statement to
the master customer for their transactions with a consolidated statement for sub-customers
of the master statement; and a combination of the above where some sub-customers receive
statements and others are consolidated with the master customer.
Control processing and
billing -- Process statements on a regular cycle or upon request. Customer-specific
billing cycles allow for both balance forward and open item customers.
-- Include user-defined narrative on statements.
-- Reference debit and credit memos to an invoice to adjust the invoice balance.
-- Create memos during cash application to record customer deductions and to charge back
-- Automatically apply payment to open items without need to specify the invoices to be
paid and closes the invoices to which the payment was applied.
deductions can be recorded by deduction amount, reason for the deduction, and customer's
debit or credit memo document number during cash applications.
-- Multi-currency application means invoice and payments can be entered in the customer's
currency and converted to the organization's home currency for general ledger processing.
-- Unrealized and realized gains and losses are calculated during month-end and cash
-- Both sales and product structures are user-definable and provide for extensive sales
analysis. Sample sales history data that is retained is product, product group, line of
business, quantity sold, selling price, cost, discount, customer, customer class and sales
Collection and credit functions
Complete audit trail with
user-friendly correction of data
Comprehensive credit control features
Comprehensive customer information
Customer access by name, number and
drop down list box
Electronic payment data capture
Extensive sales history
Invoice deduction tracking
Master /subsidiary customer hierarchy
On demand invoice capability
Sales budgets by customer and product
Sales tax rate matrix
Variable billing periods/cycles
But that's just the beginning--the CompassCPA Suite allows you to integrate your
financial management information with distribution, manufacturing and human resource
functions, to give you a world view of your business and street-level access to the
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