In the 3-6 Window, there is a handy “Service Balances” field, where it shows the total dollar amount outstanding from Service Receivables. Even better would be an “AR Balances” and “Total AR Balance” fields, especially the latter.

Having this as a field would allow receivable reports to be sorted by the total dollar amount each client owes, giving AR staff a convenient way to make collections calls in the most efficient manner (ie. call the clients owing the most money first). Other reports such as credit limits could be more easily made from this, where customers in arrears over a certain limit could show up, and the company would know not to perform work for these clients until they straighten up.

by: Ryan B. | over a year ago | Accounts Receivable