AR Monthly Procedures Checklist for PrismCore

Owned by Mary Volkmer (Unlicensed)
Last updated: Jan 03, 2020
1 min read

Year and Monthly Procedures are the same

  1. Generate invoices, if necessary.
  2. Enter and allocate all payments and adjustm
  3. Calculate finance charges (if applicable).
  4. Print the following reports for Reconciling within the AR module for each account type (Charge/Prepaid). Select Options (Criteria) not specified should be left blank.
    1. Aging Report (All Detail) through end of current AR fiscal period. B. Invoice Register for current AR fiscal period.
    2. Payments for current AR fiscal period.
    3. Received On Account for current AR fiscal period. E. Adjustments for current AR fiscal period.
  5. Reconcile AR within the mo See Monthly Procedures in the Detail Reference Section for instructions.
  6. Print Month End Statem
  7. Purge Applied Payments according to the store’s purge schedul See Purge Applied Payments in the Detail Reference Section.
  8. Perform Month End Processing.