Accounts Receivable (ARx)

Error Correction Procedure
Complete credit invoice and submit to Accounts Receivable for processing. Reference original invoice number.

EXTERNAL BILLINGS / INTERFACE OWNER
JRNL MASK PROCESSING
PROCESSING FREQUENCY
TRANSACTIONS REPRESENT
END USER SUPPORT DOCUMENTATION
Invoices

FS - Accounts Receivable

ARB Daily - as forwarded to AR by noon of prior day (e.g., invoices received by noon June 15th are processed on June 16th) External invoices/billings or Research/Special Purpose Grant or Awards. Copy of Invoice Submitted. Copy of Research Grant/Award. AR Line Description Rental Charges
Collections

FS - Accounts Receivable

ARP Daily - includes all payments received the prior day (e.g., payment received June 15th is processed on June 16th) Payments received. N/A - units can query the payments processed in A/R. AR Line Description N/A
Adjustments

FS - Accounts Receivable

ARM Daily - as required.

AR Adjustments, Bad Debt Write Off's, RTA installment billings based on contracts.

AR will advise Units of adjustments made. AR Line Description 120 days o/s (indicating 120 days outstanding)

Last Update: March 2015