Statement Cycles – Acumatica statement cycles in older version were bit rigid in operation and found it very hard to use for various scenario’s
We found the latest enhancements to Acumatica statement generation to be very practical solution based on customer feedback to improve the generation of statement based on their needs.
2017 R2
In the latest version 2017 R2 users now can define their statement generation cycle and not restricted to just 3 options, the new version provides with options to do “Weekly”, “Twice a Month” or “End of Financial Period” allowing users to select based on their statement cycles.
This flexibility allows user to configure to various scenarios and leads into another feature “On Demand” statement generation.
On-Demand Statement – in order to generate on demand statement navigate to AR module, pick a customer and from Action menu select Generate Statement on Demand as shown in the screenshot.
This allows for sales or accounting or management teams to quickly generate statements & share it with customer/vendor.
