Accounts receivable in Store Manager and POS
Accounts receivable (AR) The accounts receivable (AR) is money that is owed to a company by a customer who received products and services that were provided on credit. is easy to set up and use in Store Manager and POS. You have the flexibility of creating AR accounts in both POS and Store Manager. You can also establish default settings for new AR accounts, which makes it easy to create new accounts and ensures consistency in account configuration.
You can link one or more customer records to an AR account to allow authorized individuals to make purchases on the account. You can also set up credit limits on AR accounts to prevent overspending and reduce your store's exposure to financial risk.
You can assign AR accounts to account groups to manage them as a group and simplify reporting and account administration. You also have the flexibility to define your own billing cycles, set your own payment terms, and create custom statements.