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Sage 500 Accounts Receivable

Maximize Cash Flow and Improve Customer Satisfaction
The Sage 500 ERP (formerly Sage MAS 500) Accounts Receivable module helps you improve cash flow while enhancing customer service through more effective management of your entire collections process. It is a key component of Sage 500 ERP, a highly reliable, robust, and integrated series of business applications that delivers a flexible, scalable, and full-featured total business management solution.

Accounts Receivable gives you the power of automation to speed up and streamline every step in your collection efforts, from invoice entry to the recording of payments, and even to issuing customer refunds. The system automatically calculates sales taxes, discounts, commissions, and due dates and automatically distributes invoice amounts to the appropriate General Ledger account based on the item sold. During payment application, Sage 500 ERP lets you automatically apply cash receipts to open invoices and write off those balances that are within predefined tolerances. In addition, you can use the Sage 500 ERP Office integration tool to create customized dunning letters quickly and easily, without any programming knowledge.
Sage 500 Accounts Receivable benefits:
  • Improve cash flow with timely and efficient collections management.
  • Design flexibility into your commission structure with the ability to split commission payments and create vouchers for commission payment.
  • Improve productivity and customer service by maintaining complete online records for all customer accounts.
  • Assign invoice or memo numbers automatically or manually, and instantly verify unapplied payments, credit limits, and past-due amounts.
  • Automatically apply cash receipts to open invoices, accept cash on account, and write off balances that fall within predefined tolerances.
  • Enter invoices and cash receipts in their natural currencies, as well as recognize and accrue unrealized gains and losses when applying cash receipts to invoices.
  • Create and track overpayments and issue customer refunds from Process Cash Receipts
  • Provide superior customer service using drill-down or drill-around capabilities within any customer field, or from the inquiry menu.
  • Manage related customers with parent or subsidiary relationships.
Sage 500 Accounts Receivable
Questions about Accounts Receivable? Please call us at 1-949-583-9500 x2500 or email us at .