AR-S  Accounts Receivable Defaults

Field Descriptions

Statement Print Format Number

You are offered five print format choices in a lookup window.  Formats 1-3 are graphical formats.  The format identification number, which is used by UT-G  Enter Graphical Print Settings, is located in parenthesis to the right of the description.  Highlight the format you want and click on it or press <Enter>.

Print Co. Name/Addr on Statements?

Enter Y if you want your company name and address to print in the upper left corner on statements.  If you have forms with your company name already printed, or have added your logo to graphical format, enter N.

Print Title on Statements?

This option allows you to control whether the forms title (TATEMENT? will print or not.  Suppressing the title allows the title to be pre-printed so that different forms are readily identifiable when pulled from the shelf to be used.

Interest Rate on Overdue Accounts

The monthly interest rate percentage to be charged on overdue receivables in AR-D  Charge Interest on Invoices.  For example, if you are charging 18% per year, then this amount would be 1.5.  (1.5 percent x 12 months = 18 percent)

#Days Past Due before Interest is Charged

The number of days an invoice must be past due (per terms) before interest is charged for that customer.

How should Statements calculate the Age of an Invoice?

Choose either Number of days since invoice date or number of days past due per terms.

Aging Periods

You can establish up to five different aging periods, used when printing aging reports through AR-F  Print Aging and on statements through AR-E  Print Statements.  Defining these aging periods will allow you to view, sort, and print out invoices that are over 30 days old, etc.  The first aging period should always be set to 0 days in order to include all invoices.  These defaults can be changed on-the-fly when printing aging reports.