BS&A’s Cloud-Based Accounts Receivable module is a powerful, flexible tool for managing customers, billing items, and invoices. Recurring invoices can be set up, eliminating the need to manually create repetitive billings.
The Accounts Receivable module can process partial payments, multiple bill payments, and over/short adjustments. It can apply credits to a customer’s account for overpayments or adjust the amount billed on an invoice. Bill balances are automatically updated when a payment is reversed.
Paperless Billing lets you email bills to customers; payment can be received via ACH or online through our citizen self-service portal. Payment detail is easily accessed, and displays the original bill in detail, including all payment and adjustment transactions.
From a collections standpoint, the AR module supports full cash stations, scan line entry, bank lockbox, web interface, and batch balancing. Detailed reports of receipt information can be easily created, as can exports of daily collection information.
The penalty assessment process offers the flexibility to apply percentages or flat amounts, or to utilize a table of percentages/amounts based on the number of days past due – and when a customer requests it, you can schedule or produce statements on-demand.