Customer transactions are the financial documents at the heart of accounts receivable — invoices, credit memos, and debit memos. FAR models these using a header/line pattern: a transaction header carries document-level details, while transaction lines hold the individual line items.
Raytio's Financials – Accounts Receivable (FAR) module manages customer accounts, invoicing, and payment collection. It tracks who your customers are, what they owe, and how payments are received and applied.
Supplier transactions are the financial documents at the heart of accounts payable — invoices, credit memos, debit memos, and prepayments received from suppliers. FAP models these using a header/line pattern: a transaction header carries document-level details, while transaction lines hold the individual line items. This mirrors the header/line pattern used for customer transactions in FAR.