There are many ways that the USC Accounts Receivable Module helps you take control of your entire receivables process. One way is by giving you an organized means of managing customer information with many advanced reporting functions which, in turn, will allow you to make more accurate business decisions.
This Module is designed to assist with your invoicing, collecting, and tracking of receivables, and will also keep track of fees, charges, and expenses along with any other types of income or receivables.
Retain transaction details for an entire fiscal year or for only the current period. Regardless of the option selected, account balances are maintained for the current and previous fiscal year.
Prior Period Adjustments
Access prior periods and make adjustments or even add new entries.
Maintain separate accounting systems for an unlimited number of companies, each with their own independent chart of accounts, fiscal year ending date, etc.
Budget vs. Actual
Maintain a budget and produce Budget vs. Actual comparisons.
Departmentalize the income statement including automatic postings to a consolidated company total department, while still being able to produce separated income statements.
Enter and retain transactions for new periods before closing out the current period.