It would be good to have credit management facility in AR whereby appropriately authorised users can modify the terms on existing posted transactions. This would be used, for example, if a customer asks for, and receives, extended terms after receiving an invoice, and the Accounts receivable department agrees to the request. The date and user should be recorded, as well as the revised terms.
It may also be useful in AP.
by: Mary O. | over a year ago | Financial Management
Comments
Control Payments works well for this in AP. It would be a handy function to have in AR.