Receivables lets you view customer account information in a variety of ways. You can view the total amount overdue for a customer or customers in the Account Summary window. You can view all transactions that are past due for a specific customer in the Account Details window.

The Customer Accounts window displays a customer’s credit limit and available credit if you set Display Currency to Yes in the Find Customer Accounts window. Receivables displays a customer’s current account balances in your functional currency using the most recent exchange rate.

Suggestion: To automatically display receipts at risk and include them when calculating a customer’s past due balance,
set the profile option AR: Include Receipts at Risk in Customer Balance to Yes. If this profile option is set to No, you can include receipts at risk by choosing Include Receipts at Risk in Customer Balance from the Tools menu and then re–executing your query.

Average Days Late: The average number of days late for receipts by customer and currency. Receivables calculates this value using the following formula:
Average Days Late = Sum (Days Late) / Total Number of Receipts

DSO: Days Sales Outstanding. Receivables calculates this amount using the following formula:
DSO = (Total Outstanding Receivables / Total Sales Amount for Prior DSO Days) * DSO Days
You specify a default value for your days sales outstanding calculation (DSO Days) in the System Options window.

Past Due Transactions: The number of past due transactions for this customer.

Receipts At Risk: The amount of receipts for this customer that have not yet cleared the bank and factored receipts that have not been risk eliminated.

Risk Code: A user defined code to indicate this customer’s credit risk. You can define additional risk code values in the Receivables Lookups window.