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Revenue

Generate Aged Receivables and Credits (ATB) Report

The Aged Trial Balance (ATB) report gives you a full accounting of what your association is owed, whether by individuals or by organizational buyers like counties and school districts. By leveraging the ATB, you'll be able to prioritize your collections activities and plan out your payments to vendors, ensuring close management of the association's cash flow. Account by account, you can view total balances and drill into the contributing invoices. Credit balances are also shown, giving you the opportunity to apply those credits to open invoices and close them out.

Understand Your Associations Financial Health

Understand Your Association's Financial Health

The Aged Trial Balance report is your window into the financial health of your association, showing you at the top level -- as well as at the buyer level -- how much of your cash is tied up in your receivables. Collections can be accordingly prioritized, ensuring that cash flow is closely managed and vendors can be paid in a timely manner.

Prioritize Your Collection Efforts

Prioritize Your Collection Efforts

The ATB ages your receivables and allows a variety of sorting and filtering options. It will be your go-to tool for understanding which of your buyers owe you the most or have the longest outstanding invoice balances. By properly prioritizing your collections, you'll improve your cash flow, avoid disputes over long-unpaid invoices, and ensure there is cash on hand to pay your vendors in a timely manner.

Take Advantage of Opportunities to Clear Credit Balances and Close Invoices

Take Advantage of Opportunities to Clear Credit Balances and Close Invoices

The Engagifii ATB also provides visibility to all the open credit balances for each buyer, composed of credit notes that have been issued in conjunction with returns, cancellations, and registration modifications. Credit notes can be refunded, but even better, they can be applied to open invoice balances allowing you to reduce receivables -- especially older ones!

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