Senior Business Office System©

Accounts Receivable

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The Accounts Receivable application handles your entire student billing and cash receipts processing. Charges can be entered individually or as a group. The billing schedules for tuition can be set-up for unlimited payment plans and next years tuition can appear on a current year statement with out affecting your current year receivable total. Once per family charging is also a 'snap'.

Cash Receipts is easy to use and allows you to apply the cash to outstanding tuition or incidental balances, debit accounts, enrollment deposit or advance tuition for next year. You can even apply the check to a miscellaneous cash receipts, within the same deposit.

Comprehensive student records are maintained that allow for unlimited billing addresses per student. Payment plans, enrollment deposits and financial aid information is maintained for the current year as well as next year. Each student account shows full aging of their receivables and over-due balances. Transaction history gives you the details and is only purged or summarized when you want it to be.

Along with integrating to General Ledger for all standard transactions Account Receivable integrates with our Summer School application (for on-account charges) Campus Store (for on-account and debit charges) Account Payable (charge backs to students, refunds to parents) and Admissions for newly enroll student information.

Key Features

Set up an unlimited number of student/receivable accounts.
Accounts Receivable refunds can automatically update to Accounts Payable for payment.
With My Backpack, parent’s can view their student’s account balances and view/reprint statements. You can also offer them the option to opt-out of receiving a paper statement each month.
Student can have multiple billing accounts yet share the same biographical and address information.
Easy look-up of the student account balance and statement history. You can also view the family’s balance if more then one sibling attends.
Post Debit charges directly from Accounts Receivable or through Summer School or Campus Store. You can also import debit charges from Excel.
Import of data from the major tuition service plans (KEY, FACTS, TMS etc.) or from Excel.
Over 40 standard reports
Complete online statement history with reprinting option

For a complete Accounts Receivable PDF click here.

For more information on our My BackPack web application, click here.

Senior Business Office System© Accounts Receivable

Senior Business Office System©

Accounts Receivable