Establish Customer Payment Terms
- Specify Terms (i.e., Net 30) by Company
- Set Credit Limit by Company
- Track Usage of Credit Limit
- Mark Accounts as Frozen if Needed
- Denote Contacts at Company for Statements and Credit
Create Credit Terms Settings
- Create Terms Options (i.e. Net 30)
- Enable Terms as a Payment Type on Storefront Orders
- Set Date for Adjusting Payment Limit (i.e. on Reservation)
- Set Invoice Date for Payments Due (i.e. on Delivery)
- Convert closed terms orders to add into aging automatically
Accept Customer Credit Terms as a Payment Type
- See Credit Limit and Limit Remaining on the Order Billing Page
- Select Credit Terms as Payment Type if Enough Credit is Available
- Add Late Fees
See Terms-Related Data
- View Accounts Receivable (including Limit, Remaining, Due Date, and Last Payment)
- View AR Aging (including AR, Last Payment Date, and Aging Category)
Manage Statements
- Select Invoices to Include on Statements
- See Active Statements and Payment Status
- Apply Payments to Statements and Orders
- Manage Statement Status
- Email Statements (including Documents, if you wish)
- Maintain Records on Statement Emails
- Bulk Print Statements
General Ledger: Customize Connections
- Associate Revenue, Sales, Credits, and AR with Customizable Account Codes
- Connect Custom GL Names with One of Many Inventory Departments
- Set up Accounts for Payment Types
- Manage Accounts for Fees, Damage Waiver, and Discounts
- Create Accounts for Deposits, Labor, and Shortages
General Ledger: Reports
- View a Customized GL Report within TapGoods PRO
- Export the Report for Easy Upload into Any Accounting System