Receivables are funds that are currently due to you, the Buy-Here/Pay-Here bank.
The Receivables Report allows you to quickly view customers, their loans, the amounts currently due, and which customers are late in their payments.
The report can also include vehicle costs to allow you to estimate how close you may be to profitability on any particular loan.
Viewing the Receivables Report
From the Buy Here/Pay Here main screen, click the Receivables Report icon located on the left side of this window.
You may also print this report by clicking on the Dealer Financing menu at the top of the screen and selecting the Receivables (Late) Report option.
The system will then display the Receivables Report window as shown below. Select the report options you want, and then click the OK button to preview the report.
The Receivables Report will generally show all amounts due. That means currently due payments as well as those payments that are late will be displayed.
If you wish to see only late payments, check the Late Payments Only box.
Receivables Report Options
Use the drop down menu to select the paper size. You can also choose a landscape orientation by checking the 'Landscape' box.
You may primarily sort your report data by payment frequency (i.e. weekly, bi-weekly, or monthly), customer last name, or days past due.
These same choices are available for a secondary sort as well.
If you wish to also display a list of calls from the Collection Call Log for each account, check the Display Recent Calls box.
If you wish to view a breakdown of the financial status of your receivables, check the Print Totals box. This will display an extra page at the end of your report.
^ next to the Due Date indicates the date has been changed in the system
