Accounts Receivable - pxcorp.com

Accounts Receivable Overview Accounts Receivable is the part of the accounting system that handles customer related tasks such as: Creating A/R transactions to adjust customer balances without creating an invoice or a payment Charging finance charges Processing A/R recurring entries Printing statements Receiving customer payments Maintaining customer transaction histories and balances The Accounts Receivable Flowchart The following figure is the flowchart for the Accounts Receivable system. The first step involves entering A/R Transactions.

Accounts Receivable Overview Accounts Receivable is the part of the accounting system that handles customer related tasks such as: • Creating A/R transactions to …

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