What are most important business processes of Accounts
Recievable modules ?
Answers were Sorted based on User's Feedback
online pending item,external pending item
express deposit,regular deposit,drafts,direct deposit
maintenance worksheet,transfer worksheet,overdue
charges,aging process,aging report
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- Loading Pending items from Billing/External systems
- Entering Pending Recv items info into Pplsoft system
and update the AR system with these data inputs(AR_UPDATE)
- Entering any deposits recvd in the system and update the
AR System (using AR_UPDATE).
- Processing Refunds.
- Worksheets (Payment/Maintenance/Transfer) for performing
matching operations for inbound funds against outbound
- Predict Payments, Receive Payments through Lockboxes and
update the AR system as items received. (AR_UPDATE)
- Generate Accounting Entries for entries originated in
Peoplesoft AR system / External system.
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