Accounts Receivable

• While a traditional Accounts Receivable module has not been needed by most of our Mortgage clients, AMB’s Accounts Receivable module was designed to manage non-loan related customer invoices. Loan related receivables such as “Due from Investor” or even “Loans Held for Sale ” are managed through the Mortgage Accounting functions within the AMB software.
  
• Accounts Receivable invoices are easily entered to the system. Cash received from a customer can be applied to specific invoices or to the client’s overall balance. If applied to the client’s overall balance, those amounts can easily be applied to the related invoices at a later date either when that information becomes available or is simply more convenient to do.
  
• The Aging of Open Receivables can be run as of any date in the past. You never lose the ability to report on a prior date.
  
• Loan related receivables such as "Due from Investor" or "Due fom Escrow" are managed through AMB's standard loan level reporting capability. Non Loan related reveivables are managed through the Accounts Reveivable module. Not all clients will need this module but, if you do, you'll find it easy to use and quite capable.
  
• Other standard reports include:
  
  
  • A/R Statements
    
  • Cash Received by Customer
    
  • Sales Journal by Customer
    
  • Sales Journal by Invoice number
    
  • Sales Journal by Date
    
  • Customer list