Account Receivables

 

The AR module comes under Finance itself. This maintains a list of customers that need to pay to the client. The document wise information like posting date, net due date, clearing date, and item status are maintained along with other details.

The main query that the user wants to see for AR is how much is the AR on a certain date for all the customers and what is the ageing bucket. This means that for net due dates which is already passed, which customers fall in the bucket of more than 90 days overdue, 61-90 days overdue or 31-60 days.

The customers who have net due date in future do not fall under any bucket as the AR amount is due and not overdue.