How do I manage my Debtors or Accounts Receivables?
Here's the technical bit: Clubtreasurer follows 'modified cash accounting' principles which strictly does not support Accounts Receivables (A/R) since no transaction is considered to have occurred until the customer pays/cash is received.
However, we have designed Clubtreasurer to allow you to track simple, short-term A/R transactions and manage your debtors balances. Importantly, in Clubtreasurer today, all A/R and debtor Receipts are reflected in reports and balances AS THOUGH THEY WERE A CASH TRANSACTION. The exception is the Statement of Assets & Liabilities Report (aka Balance Sheet) which shows A/R Balances separately under "Current Assets - Other Assets".
This may mean that you incorrectly report your organisation's overall Cash balance which will include the debtor amount(s).
You should therefore carefully consider using the Debtor or A/R functionality, especially if you expect these to be high value and/or long-term debtors which span financial years.