ACCOUNTS RECEIVABLE (CITY LEDGER)

Some people refer to the city ledger as accounts receivable. The city ledger is one sub-ledger of the accounts receivable, but is not the entire ledger. These days the city ledger usually contains direct bill accounts and house accounts. While it is very rare, it used to be common to hold credit card accounts such as American Express, Visa, Master Card..etc. in the city ledger.

AutoClerk uses open item invoicing rather than blanace forward. That means that AutoClerk keeps all the detail of the amounts owed to you instead of deleting the detail and holding the amount in a balance forward transaction.

Our city ledger does not require that you run any kind of periodic maintance, or aging. It is all done for you.