Skip to main content
Reports and Dashboards

Accounts Receivable Summary report

The Accounts Receivable Summary report gives you the status of your accounts receivable. The report combines both A/R aging and recap.
Accounts Receivable is the total of unpaid invoices, unpaid service charges, unapplied receipts, and open A/R adjustments. Open items are items not applied, including invoices, receipts, service charges, debit memos, NSFs, credit memos, and write-offs.
Do the following to view and print the Accounts Receivable Summary report:
  1. Select
    File
     then
    Print Reports
    .
  2. In the Print Reports screen, go to the available reports pane and select
    Accounts Receivable Summary
     then
    Select
    .
This report includes the following information for the date range that you specify:
  • ID, Name/Description:
     ID and names of the items you have selected for grouping the report
  • Beg Bal:
     A/R balance on the first day of the specified report date range
  • Invoices:
     Total invoiced amount of invoices with a date in the report date range
  • Receipts:
     Total amount of receipts with a date in the report date range
  • Svc Chg:
     Total service charges assessed
  • Adj:
     Total adjustments
  • Aging periods:
     How many periods old the owed amounts are
    note
    Because not all months have 30 days, A/R agings are based on period as defined by your firm. On this report, agings are based on the date of the open A/R items as of the end of the day on the last day of the report date range.
  • End Bal:
     Ending balance for the date range specified on the report. Ending balance = beginning balance + invoices - receipts + service charges + adjustments.
The Layout tab for this report includes 2 options to refine the report output.
  • Mark the
    Exclude Clients with a zero ending balance
     checkbox to limit the report to those clients who had balances at the end of the specified period.
  • Mark the
    Include Open Items Detail
     checkbox to include invoice detail for client balances.
important
When you enable security privileges for a report on the Security Groups setup screen, Practice CS may also enable privileges to view the data available on the report. Conversely, removing privileges for viewing data may also remove privileges for related reports. Consult the
Privileges changed
 pane on the Security Groups setup screen to see all privilege changes that are triggered by enabling access to a report.
For this report, if no privileges are already enabled for the Menu, Setup Menu, Clients, View security option, full privileges will be enabled.
If your firm has multiple offices, you may want to rescind privileges to information for other offices.

This article applies to:

  • Product: Practice CS
  • Subject: Reports,Dashboards

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close