Sage 300 Accounts Receivable for BC businesses.
The Sage 300 Accounts Receivable module manages customer invoicing, cash receipt processing, credit notes, and customer reporting. SFS Technologies implements and supports Sage 300 AR for businesses in BC and Canada, connecting your order fulfillment process directly to your billing and collections workflow.
What is covered
What Sage 300 AR does for your business
Accounts Receivable in Sage 300 handles everything from the moment a customer is invoiced through to the point their balance is cleared. Customer records store billing addresses, payment terms, credit limits, tax codes, and the default GL accounts for revenue recognition. Each customer's full transaction history is accessible at a glance.
For businesses using Order Entry, invoices are generated automatically when shipments are processed. There is no need to re-key order information into a billing system. Cash receipts are applied against open invoices, and any unapplied amounts are tracked as credits until assigned. The AR subledger reconciles to the GL at all times.
Collections management in Sage 300 AR includes aging reports by customer and due date, overdue statements that can be printed or emailed directly to customers, and hold codes that flag accounts with outstanding balances. Finance teams can review aging at any point in the period without waiting for month-end.
For BC businesses invoicing across currencies, Sage 300 AR handles multi-currency billing and payment matching. Exchange rate differences between invoice date and payment date are captured as realized gains or losses and posted to the GL without manual adjustments.
Key capabilities
Common questions about Sage 300 AR.
Common questions about this service answered directly.
What does the Sage 300 Accounts Receivable module include?
Sage 300 AR manages customer records, invoice generation, cash receipt processing, credit note handling, customer aging reports, and statement production. It integrates with Order Entry so invoices are created automatically when orders ship, and all cash receipts post to the GL without manual journal entries.
Can Sage 300 AR handle customer deposits and prepayments?
Yes. Sage 300 AR supports prepayments and deposits that are applied against invoices when the goods or services are delivered. This is common in construction, custom manufacturing, and professional services businesses where customers pay in advance or in installments.
How does Sage 300 AR handle multi-currency customer invoicing?
Sage 300 AR fully supports multi-currency invoicing and cash receipts. If you invoice US-based customers in USD, the system applies the current exchange rate, tracks the CAD equivalent, and posts exchange gains and losses to the GL automatically when payment is received at a different rate than when invoiced.
Does Sage 300 AR support recurring invoices?
Yes. Recurring billing schedules can be set up for customers with regular monthly charges such as retainers, subscriptions, or ongoing service agreements. The system generates invoices on the defined schedule, reducing manual data entry for predictable revenue streams.
How does Sage 300 AR connect to Order Entry?
When an order is shipped in Sage 300 Order Entry, an invoice is created automatically in AR with the correct customer, items, pricing, and tax. This eliminates the re-entry of order information into a separate billing system and ensures that AR balances and GL revenue postings reflect actual shipped orders in real time.
Ready to implement Sage 300 Accounts Receivable?
Start with a complimentary assessment. We review your current billing and collections process and show you exactly what a Sage 300 AR implementation would look like.