The daily invoice posting transfers sales to the AR system. All open items, credits and payments can be shown using the Account Inquire application. Cash receipts are entered interactively with automatic display of open invoices. Credit information is updated automatically (i.e. current balance, credit remaining, average payment cycle). You can print detail or summary aging reports, as well as a delinquent report by salesperson. The system uses a credit calendar for setting invoice due dates that will enable you to print collection notices for past due accounts. Customer statements are printed on demand and finance charges can be calculated and added to past due accounts.