If you run a business that sells goods or services on credit, you know how important it is to collect payments from your customers on time. However, you also know how challenging and time-consuming it can be to keep track of overdue invoices and send reminders to your customers. Microsoft Business Central customer reminders allow you to create and send messages to customers when their payments are due or overdue. In this blog post, I will explain what customer reminders are,

Accounts receivable, or AR for short, refers to the outstanding amount your customers must pay you for the products or services you have delivered or performed but have not yet received payment. The process of managing receivables includes: - Sending invoices to your customers - Tracking their payments - Following up with reminders or phone calls - Receiving and matching the payments with the invoices Business Central supports various methods to register and match (or "apply"

Collecting payments from customers before your team can ship an order is the purpose of sales prepayments in Business Central. This feature is designed to handle customer payments before posting a sales invoice, while establishing a direct link between a payment and the order via a Prepayment Invoice. This feature sits between the order fulfilment and credit control process, and does two jobs at once: It serves as a control mechanism for order dispatch, blocking the shipmen