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Account Receivable Process Flow v2

The accounts receivable process flow involves creating customer master data, performing credit checks on sales orders, releasing approved orders, generating invoices, distributing invoices to customers, automatically posting payments to customer accounts, reconciling payments, and reporting on account balances and aging. Key steps include creating customers, checking their credit, releasing approved orders to shipping, billing customers, processing payments against invoices, and tracking overdue amounts.

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Marie Manuel
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110 views1 page

Account Receivable Process Flow v2

The accounts receivable process flow involves creating customer master data, performing credit checks on sales orders, releasing approved orders, generating invoices, distributing invoices to customers, automatically posting payments to customer accounts, reconciling payments, and reporting on account balances and aging. Key steps include creating customers, checking their credit, releasing approved orders to shipping, billing customers, processing payments against invoices, and tracking overdue amounts.

Uploaded by

Marie Manuel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Accounts Receivable Process Flow

Master Data

OTC

Create
Create Credit
Customer
Master Data
Master Data

Sales Order
OTC

Invoice
Processing Processing
SCE

Distribution
Process

Sales Order
Perform Credit
Pass credit check Yes Released from
Check
Credit Hold
Credit

No
Yes

Credit Manager
Release credit Notify sales of
reviews order No
hold credit issue
on hold

Customer
Automatic AR Manual AR
Balance/Line
FINANCE Account Receivable

journal posting journal posting


Item Display

Custome Clearing/
Payment Processing/
Reconciliation

Dunning
BI Reporting

Customer
Customer AR Aging
Cleared/Open
Credit Report Report
Item Details

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