TRAVERSE Global v11.1

Accounts Receivable

Accounts Receivable helps you manage two important areas of your business: cash and customer relations. It enables you to produce timely statements and invoices to track your receivables. It also enables you to produce informative reports and lists such as the Customer Analysis Report, the Aged Trial Balance Report, the Daily Tax Report, the Detail History Report, and the Sales Representative List. These reports can help you improve your profitability and identify trends and who your best customers are.

Accounts Receivable helps you enter information about your customers, then tracks the monies they owe you through transactions and cash receipts. Comprehensive reporting and interactive view functions keep you informed about your cash flow and help you make solid business decisions.

By interfacing Accounts Receivable with other TRAVERSE applications, information is transferred seamlessly throughout the system, eliminating double entry and increasing accuracy.

ClosedFrequently used functions

The most frequently used functions are on the Transactions and Transaction Journals menus. Use these functions for the following tasks:

  • Enter invoices, miscellaneous credits, and cash receipts.
  • Copy recurring entries.
  • Change and delete unposted transactions.
  • Add and change batch control.
  • Print the invoices, and credit memos for your customers.
  • Print the Sales, Miscellaneous Credits, and Cash Receipts Journals as audit trails of your transactions.
  • Print the Methods of Payment Journal, the Deposits Report.
  • Post transactions.
ClosedOpen Invoice functions

Open invoice functions are on the Open Invoices menu. Use these functions for the following tasks:

  • Hold and release invoices, and reapply credits to invoices.
  • Calculate finance charges.
  • Print customer statements.
ClosedPeriodic Processing

Use the Periodic Processing menu to run the periodic maintenance and if you have multicurrency print the unrealized gains and losses and post unrealized gains and losses.

ClosedReports

Reports provide the means of seeing data stored in the system.

ClosedInteractive Views

Customer, invoice, detail, and summary information can be displayed through the Interactive Views functions.

ClosedInterfaces

Accounts Receivable can be interfaced with General Ledger, Bank Reconciliation, Inventory, Accounts Payable, Payroll and Project Costing.