Accounts Receivable

The Kechie Accounts Receivable solution manages customer invoicing and payment processing, provides a history of detailed customer invoices and payment transactions, and allows customer transactions and balances to be monitored with an assortment of AR reports.

Kechie helps to streamline the overall accounts receivable process by automation and simplification of tasks resulting in improved efficiency, expedite incoming cash flow, and reduction of processing costs.

Kechie offers an integrated credit card payment processing solution that allows you to charge a customer credit card set up in the system and automatically records the payment upon receipt of authorization.

Benefits

  • Automatic customer invoicing upon the shipment of sales orders
  • Automatic customer invoices that recur at regular time intervals
  • Integrated credit card payments processing
  • Easily track customer activities and unpaid balances due
  • Simplifies application of AR adjustments, customer payments, and discounts

Advanced Features

Revenue Recognition

Revenue Recognition is one of our newest advanced features in Kechie Accounting. What is revenue recognition, and why is it important. Revenue recognition is an accounting principle that requires a company to only record revenue when earned, not when the cash is received. The customer provides an up-front payment for a service to be delivered later or with certain transactions, the goods or services become split into parts over an extended time.

Why use this advanced feature?

  • Eliminate the tedious and repetitive data input
  • Automate transaction updates of all kinds
  • Compliance with Financial Accounting Standards Board ASC 606/IFRS 15
  • Reduce errors and improve efficiency

More Modules

Kechie ERP enhances cash flow management and improves visibility into your business.  Easy bank reconciliation, quick reports with drill-down options for all transactions. Featuring fully integrated credit card payments processing.

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Kechie ERP reduces manual tasks and human errors by automating all aspects of the AP.  Manage vendors, purchase orders, and payments for goods and services in the AP module. Kechie offers real-time tracking and visibility of payments, approvals, and reports

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The Kechie General Ledger module documents detailed records of every transaction, edit, modification, and interaction with advanced reporting tools. Creates an audit trail of all transactions processed with real-time financial statements.

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