Accounts Receivable

 

Accounts Receivable are generated when you print an invoice and tell the program to export it to Accounts Receivable. In the Fleet Version it is customary for the Accounts Receivable to be used for calculating INCOME for the loads that are carried. This is done so the revenue is shown on your P&L statement and in your Cost/Mile, Revenue/Mile at the same time that the expense for the trip are shown. Since invoices are typically paid weeks or months after the actual load is delivered, using the Receivables to track the income gives you a much better idea on how your business is actually doing.

 

This topic will detail generating and receiving payment for your invoices. See the following sub topics for details.