Accounts Receivable Tools From SOGAS
Whether sending out invoices to your customers or keeping track of your working interest owner expenses, the Accounts Receivable tools will make your A/R operations flow smoothly.
- Invoice and G/L entries created simultaneously
- All entries are real time so all tables are immediately up-to-date
- Aging reports can be run on “as-needed” basis
- When processing the A/R system, statements are printed by open item or balance forward
- Drilling prepayments can be maintained through the A/R system—Statements will then be accompanied by a Joint Interest Statement showing current month charges and remaining balance
- On-line inquiry of aging by owner
- Cash receipts entered by customer/owner and automatically applied to the oldest invoice or to specific invoices
- Inquiry by customer/owner for all items, paid items or open items
- Interest calculation for delinquent accounts on customer/owner basis
- Ability to add new customer/owner when creating invoice
- Comments printed on statement