AR Periodic Procedures Checklist for PrismCore

End of the Financial Aid Period Procedures Checklist

Select one of the following links for details on each scenario

All payments have not been received by bookstore

All payments have been received by bookstore

AR Bookstore Doesn't Collect Payments

For Non-Financial Accounts not Billed at Month End

1. Generate proposed invoices, if necessary.
2. Enter all payments and adjustm
3. Print the Unapplied Aging Report.
4. Allocate unapplied credits (or Auto Apply Credits, as appropriate).
5. Print statements for First through Fourth Group according to your billing schedule.

Audit your AR Balance Reports

In AR fiscal period 5 and AR fiscal period 11, verify that your AR reports are in sync.  For each account type (Charge/Prepaid), the total on the AR Balances report should match the AR Aging report totals.