Overview

empower finance Accounts receivable report

This document aims to answers questions and provide guidance about how to use empower finance Accounts Receivable report.

The document will cover the following areas:
• How to navigate to empower finance Accounts Receivable report.
• empower finance Accounts Receivable report – slicers and each page explained in detail.

Unlike Global Aging report, which provides a global view of Accounts Receivable (AR), Accounts Receivable report provides an entity/company view of AR. This is the balance of money owed by clients, but not yet paid for.

The purpose of this report is to support individual companies within the organisation when it comes to cash collection process and credit management.

Similarly to Global Aging report, Traditional Aging page of AR report shows the age of AR segmented into several aging buckets.

However, this report also shows on overview of:

• Last week’s AR
• Beginning AR balance
• Invoices
• Receipts and ending balance for a selected period,
• Average days to pay,
• Top 10 receipts last week,
• Top 10 past due balances by client, etc.

Because the report is entity/company-focused, all numbers are shown in accounting (company’s local) currency only.