Accounts Receivable
Track client balances, manage outstanding invoices, and monitor payments to support effective cash flow management.
Last update: CCH iFirm Time and Fees
Accounts Receivable
Accounts Receivable
CCH iFirm Time and Fees
Add and Edit Transactions
When you add a transaction against a receivable and click Update, Jobs & Billing automatically allocates the transaction against their outstanding transactions. For example, if you add a payment transaction of $1,217.00 against ABC Pharmacy and they have an outstanding invoice of $1,217.00, Jobs & Billing allocates the payment to the outstanding invoice.
CCH iFirm Time and Fees
Charge Interest
You can apply interest charges to all clients flagged up to have interest charged to them. Depending on your settings, interest charges will be applied after the due date, or every 30, 60, or 90 days or more. For example, if you select 30 days, interest will be charged on any debt that is over 30 days overdue.
CCH iFirm Time and Fees
Clear imported balances
When you import receivable balances, a transaction is created per balance that you have imported. You can import both positive and negative balances.
CCH iFirm Time and Fees
Print and Send Statements
You can print (download as PDF) your receivable statements and then send them by mail or you can e-mail them directly to your clients.
CCH iFirm Time and Fees
Aged Accounts Receivable
Aged Accounts Receivable widget
CCH iFirm Time and Fees
Accounts Receivable by Partner widget
You can view the content of e-mails in the E-mail Centre. The e-mails are read-only, therefore, you cannot edit them.
CCH iFirm Time and Fees
Top 10 Accounts Receivable widget
Top 10 Accounts Receivable widget