Accounts Receivable (AR) Typical Cycles
Accounts Receivable Cash Receipts & Adjustments:
- A/R Cash Receipts & Adj Entry (AR30)
- Enter checks received from customers.
- Write-off balances, adjust accounts, apply credits to invoices.
- A/R Cash Receipts & Adj Print (AR31)
- Print to show all cash receipts posted in batch.
- Enter acceptance codes to apply cash posted in AR30 & update customer accounts.
- A/R Bank Deposit Slip Print (AR33)
- Print cash deposit slip for batch of invoices printed in AR30.
Collections and Post-Dated Checks:
- A/R Message Entry(AR46)
- Enter messages about customer collections, phone conversations, promises.
- Messages can be future-dated as a "to do list" for AR.
- Messages can be printed using Print Overdue Analysis Report (AR83) and Print Aging Report (AR84) (all receipts or enter the number of most recent).
- A/R Messages (AR35) ??
- Print to show collection messages.
- A/R Post-Dated Check Entry (AR32)
- Enter checks received from customers which are post-dated.
- Checks entered will display in Customer Inquiries (SU45) and will automatically be removed from the list when check actually deposited in AR30.
Orders on Hold:
- Orders on Hold Report (OE53)
- Print to show all orders on hold and reasons for holds.
- Enter acceptance codes at end of print (this automatically releases eligible orders).
- Orders on Hold Release (OE65)
- Release orders from credit/delinquency hold.
Supporting Inquiries:
- Customer Consolidated Inquiries (SU45)
- Query customers, open orders, invoice history, AR balances, names and addresses.
- Invoice History Consolidated Query (IN45)
- Query invoices from history, products, sell prices.
|