Take Control of Your Accounts to Free Up Valuable Cash for Your Business
Your receivables are one of your most valuable assets. Wave by BMS gives you the tools to generate accurate information about your charge customers and take control of valuable dollars tied up in accounts receivable.
With just a few keystrokes, you can view a complete accounting ledger for any customer.
Each customer file tracks charges, payments, and keeps a running 30, 60, and 90 day history. This provides you with the information you need to follow up on delinquent accounts- and unlock your accounts receivable dollars. The system gives you complete flexibility for discounting, pricing and taxing for each account. The Wave by BMS Accounts Receivable module also allows you to print and mail hundreds of statements in minutes- or email the statements including copies of invoices 1,2, or 4 invoices per page, delivering unmatched speed and efficiency.
The Wave by BMS Accounts Receivable module is a concise application for tracking invoices, payments, credits, and adjustments that is passed instantaneously from the Point of Sale module. This Open Item or Balance Forward accounts receivable module is capable of running stand alone or interfaced to the general ledger. Detailed information is maintained for each customer’s purchases and allows the generation of customer statements at any time throughout the month. Aged invoice reports and A/R transaction listing are among the several detailed reports that are part of the standard Wave by BMS system. The A/R “Sub Account” feature allows a customer to keep track of multiple jobs by receiving a consolidated statement followed by each individual job statement and their invoices.
With customer notes, it allows for multiple signatures to an A/R account. With Wave by BMS a signed image of each invoice automatically prints with each customer’s statement. These invoices can print as many as four to a page or a separate invoice on each page, selected by customer.
Invoices can be emailed or reprinted with a single keystroke from the customer’s History tab. All your customer’s payment application history is available indefinitely.
Wave by BMS allows you to “Easy Pay” by applying the payments and credits to the oldest invoices first until used up, or select which payments and credits apply to which invoices, you can select a single credit memo and leave the new ones to appear on the customer’s statement.