Accounts Receivable

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Daily Processing Checklist for Accounts Receivable:

  1. Process Cash Receipts:

    1. Enter Receipts (AR \ Trx \ Cash Receipts \ Enter Receipts)

      1. Deposit Tkt – F5 for Next Deposit #. Write the Deposit # on the slip. (You should always have one Deposit Number for each Deposit slip-may contain multiple checks)

    2. Verify Receipts

      1. Print Deposit Report (AR \ Trx \ Cash Receipts \ Print Receipts…)

        1. Starting Deposit Ticket – Deposit # from earlier

      2. Verify Report against Deposit Ticket

    3. Post Receipts (AR \ Trx \ Cash Receipts \ Post Receipts…)

      1. Starting Deposit Ticket – Deposit # from earlier

      2. Always Post to File

  2. Process Debits / Credits:

    1. Enter Debits / Credits (AR \ Trx \ Sales \ Enter Transactions)

    2. Verify Debits / Credits (AR \ Trx \ Sales \ Print Transactions…)

    3. Post Debits / Credits (AR \ Trx \ Sales \ Post Transactions…)