AR DEDUCTION MASTER

The ARSALES/DEDUCTION REASON CODES MASTER stores retrievable Deduction information for use throughout the Accounts Receivable program. Each reason code in the master file is linked to both an abbreviated and long description pertaining to the deduction, and the default GL account number. Optional prepay selections are available for each line as well as a default sales reporting type designation for the deduction. Stored deduction codes are immediately available within all related accounts receivable programs and/or sales order prepay options, when applicable, upon saving.

Accounts Receivable Menu – Master File Maintenance – Deduction Master

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Accounts Receivable Getting Started

AR PAYMENT METHOD MASTER

The Accounts Receivable Payment Method Master file is used to record and store user-defined payment types for selection retrieval in the associated programs. The master file is available by selecting the Payment Method Master File from the available options stored under the Accounts Receivable Beta Testing Menu.

Accounts Receivable Menu – Master File Maintenance – Payment Method

The Accounts Receivable Payment Method feature is available for recording and maintaining payment application activity for collection analysis and reporting by payment type. The utility records all associated payment application entries executed throughout the Accounts Receivable application and Sales Order prepay modules. The payment application types are comprised of both system-generated application defaults (i.e., credit memos and deductions) and user-defined payment categorizations stored in the AR Payment Method Master. The payment method option will automatically update the application payment record with the AR document type and selected payment method (i.e., cash, wire, check, etc.) for each corresponding payment transaction during processing.

AR CASH RECEIPTS BATCH PROCESSING

The Accounts Receivable Cash Receipts Batch program creates, stores and links multiple cash receipt payments under a single deposit/batch record. An independent Cash Receipt record is created for each entry line recorded in the batch. Upon completion, each payment is individually recorded and posted to the customer’s account providing the user increased flexibility and control over the check application

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Accounts Receivable Getting Started

process. The user may continue through to the application process from within the batch form, record

additional deposits, or apply the payments at a later time.

Accounts Receivable Menu – AR Cash Receipts – Cash Receipts Batch