• EBS (Electronic bank statements) cash postings (Advance and credit customers)
• Payments matching against invoices (Discount calculations, Bank-SOR charges, FIFO, Direct debits, Partials, Debit deductions, Double payments, over payments, Write off, Credit and debit note, TPP)
• GL clearings (Auto, Manual)
• Intercompany payment transfers and matching against the invoices
• AP-AR transfers, AR-AP transfers and intercompany AR-AP transfers
• Sending Customer accounting statements every weekend, GL-Manual clearings and automatic clearings
• Advanced pro-forma invoices posting and clearing.
• Reversals, resetting
• Dunning
• Customer ageing analysis and reports preparation
• Weekly call with collection people to avoid gaps in process
• AR/GL reconciliation reports preparations (Month End)
• Maintain daily cash posting tracker to capture clearing, unclear and NON-customers payments with posting documents.
• Unallocated report by EOD
• Full fill the process gaps with team meetings( Weakly- Monthly)