Account receivable handles financial transaction made between organizations output and customer.
Account payable and account receivable maintain personal accounts either of creditors or debtors, by maintaining sub ledgers which are currency fluctuation accounts, control account etc. as an integral part of General Ledger (GL).
All invoices that is awaiting payment from customers are tracked by this module. Its key functionalities are:
WYS Enterprise Solutions accounting module shows near future debt obligation as it is a part of current aspects and also helps to generate data for liquidity ratio like current ration and quick ratio.