Use the Credit Statistics Calculations program to calculate and update the three credit statistics that appear on the A/R Inquiry screen for bill-to and ship-to customers. We recommend that you run this program on a monthly basis. This program updates the calculations in the following fields on the A/R Inquiry screen:
6-Mo Avg or 12Mo Avg is the average A/R balance for the account during a period of either 6 or 12 months.
6-Mo High or 12Mo High is the high A/R balance for the account during a period of either 6 or 12 months.
Pmt Days is the average number of days between the invoice date and the date the item is paid in full.
To calculate credit performance statistics:
From the A/R > Utilities menu, select Credit Statistics Calculations to display the Credit Statistics Calculation window.
In the Br/Terr/All field, enter the branch or territory for which to review cash receipts. Enter ALL to review cash receipts for all branches and territories.
Note: The system updates the fields in A/R inquiry based on the selected branches.
In the As of Date field, enter the cutoff date for the six and twelve month periods to be used in calculating the statistics.
The default value for this field is the variable date, but you can enter any other date, usually the end of the most recent month.
To process the program, do one of the following:
From the File menu, select Begin to run the calculation immediately.
From the Options menu, select Schedule to display the Phantom Scheduler screen, where you can schedule the running of the program, usually during the evening following the end of the month and to repeat on a monthly basis. For more information, see Scheduling Phantom Processes.
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