Accolent ERP has comprehensive functionality to receive payments and then, if needed, to void payments that were previously received. Payments in cash or by check that have been deposited and accepted by the Bank, cannot be voided. Payments by credit card may be either voided or refunded depending on whether the credit card transaction has […]
Category: Payment Receipts
Receiving AR Payments
Accolent ERP’s Accounts Receivable (AR) module tracks payment receipts and collections. The system allows users to record payments against Customers’ AR accounts. Customer’s AR shows Invoice amounts due which automatically reflect prior payments made, calculate interest on overdue accounts, calculate any early-payment discounts available, and allow any write-offs desired. Payments received from Customers can be […]