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In the 21st century where India is the fifth largest economy, our service industry is at boost it becomes the responsibility of the management to have an ERP that provides accurate information about the outstanding of the customer which has a direct relation with the profitability of the organization.
Sage 300 provides insight and very accurate data about the outstanding of the customer and the balances of the individual customers as per the requirement.
Sage 300 provides reports termed Customer Transactions vs AR Aged Trial Balance Report.
Customer Transactions can be used for multiple reasons mentioned below :
AR Aged Trial Balance can be used for multiple purposes :
⇒When to Print AR Aged Trial Balance –
Print the Aged Trial Balance report when you need a listing of the status of your receivables on a given date, such as at the end of a fiscal year or period, or when you want to identify documents or balances you may need to write off, AR trial report provides various information.
⇒When to Print Customer Transactions –
Customers can be printed when only the outstanding overdue needs to be known.
Although after reading the blog till here both the reports might sound similar but there are some differences.
→Customers Transaction Format :
→AR Aged Trial Balance Report format :
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