Accounts Receivable
Accounts Receivable in PrismERP is used to manage all amounts owed by customers for products delivered or services rendered. Each customer’s invoices can be recorded and tracked, showing which payments have been made and which are still outstanding. Payments received through cash, bank transfer, or cheque are entered with proper references, linking them to the corresponding invoices. The system provides aging information, highlighting overdue payments and helping prioritize follow-up for collections. It also handles adjustments such as credit notes, debit notes, discounts, and write-offs, ensuring that all changes to invoices or payments are accurately reflected in the customer’s account.