SERIES 3 Accounts Receivable

The SERIES 3 Accounts Receivable software by MBA Software & Consulting Inc. is aimed at growing and mid-sized companies in various professions and industries, such as small businesses, medium-sized businesses, contract manufacturers, printers and printing companies, distribution companies, manufacturing/job shops, print estimating, distribution, and other industries requiring accounts receivable management.

Key Features

Accounts Receivable Tracking: The software efficiently tracks and manages accounts receivable balances, allowing users to easily view and update customer payment information, as well as keep a record of outstanding invoices and due dates.

Invoice Generation: Users can generate professional-looking invoices for customers and customize invoice templates to match their brand. The software also allows for the inclusion of detailed information such as itemized charges, payment terms, and due dates.

Payment Processing: Users can record and track customer payments, apply payments to specific invoices or outstanding balances, and handle partial payments and overpayments.

Credit Management: The software provides tools to monitor and manage customer credit limits. Users can set credit terms and payment terms for individual customers and receive alerts for customers with overdue payments or credit limit breaches.

Customer Statements: Users can generate customer statements that summarize outstanding balances, including details of open invoices and payment history. Statements can be easily sent to customers via email or printed and mailed.

Aging Reports: Users can generate aging reports to analyze the status of accounts receivable, view outstanding balances by customer and aging period, and identify overdue payments for appropriate actions.

Collections Management: The software provides features to track and manage collection activities for overdue accounts. Users can set reminders and follow-up tasks for collection efforts and maintain detailed notes and communication history with customers.

Integration with General Ledger: The software seamlessly integrates accounts receivable data with the general ledger, ensuring accurate financial reporting and analysis. It also automates the transfer of transaction data for streamlined accounting processes.

Customizable Reporting: Users can generate custom reports to analyze accounts receivable data. The software allows for customization of report layouts and filters to meet specific business needs, providing insights into customer payment trends, aging balances, and collection performance.

Multi-Currency Support: The software enables users to handle accounts receivable transactions in multiple currencies. It automatically converts foreign currency amounts to the base currency, maintaining accurate records and reporting for international customers.