Agenda
Overview of AR AR Transactions Receipts Application of Receipt Transfer to GL Standard Reports
Overview of AR
Create Profile Classes
Enter Customers
Create Invoices
Print Invoices
Send to Customers
Receipts
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Collections
Transaction Workbench
Enter salescredit
Complete invoice
Create Transactions in AR
(N) Transactions>Transactions
Line Information
Transaction Classes
Class Invoice Credit Memo Debit Memo Description Bill customers for products or services Credit customers (On-account credits do not refer to specific invoices.) Bill customers for products or services that were not included on the original invoice Adjust the remaining balance of an existing debit item to zero, and create a new debit item to bill customer for unpaid balance of original invoice.
Chargeback
Transaction Classes
Class Deposit Guarantee Description Bill customers for contractual agreements A contractual agreement that is referenced by invoices. (Bill customers for the items on the invoice, not the guarantee.)
Bills Receivable A document that your customer formally agrees to pay at some future date.
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Receipt Workbench
Apply to customer account or invoice
Enter receipt
Clear receipt
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Receipts Types
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2.
Cash Receipts records receipts from customers to pay for past or future debit items Miscellaneous Receipts record Receipts not related to the organizations usual transaction activity Such as Interest Charges or other Income
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Entering Receipts
AR Module -> Receipts -> Open
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Submit the General Ledger Transfer Program: Specify the Necessary parameters
Once the above program is run system transfers the AR transactions to GL and creates Un posted Journals
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Reports in AR
> Account Status Report > Billing & Receipt History > Adjustment Register > Receipt Register > Billing Register > Applied Receipts Register > Customer Listing - Detail > Sales Journal by Customer > Sales Journal by GL Account > Unapplied Receipt Register
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