Accounts Receivable

With Navision's accounts receivable module, users can easily manage all receivables for a company. Users can set customer-specific credit limits and penalities for late payments. Optional settings can also be invoked to trigger warning messages for overdue and overlimit customers.

Navision's AR module maintains a real-time running account balance for each customer. With one button, users can drill into the customer's account to review all outstanding transactions. To further manage AR accounts, Navision includes a powerful aged receivables report with user-defined aging 'buckets'.

Users can generate Dunning (reminder) letters based on different trigger points. Variable trigger points enable users to give preferred customers more time before a letter is generated. Likewise, different finance charge terms can be defined in the system based on a customer's credit worthiness and sales profile.

Customer payments can either be recorded and applied to open invoices directly from within accounts receivable or, alternatively, through the bank deposit window with Navision's integration functionality.

Summary of benefits