What Are Most Important Business Processes Of Accounts Receivable Mod

1.	What Are Most Important Business Processes Of Accounts Receivable Modules?
Answer» 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 funds. 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.

What Are Most Important Business Processes Of Accounts Receivable Modules?

Answer»

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 funds.
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.