Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Is it possible to process AR deposits based on the collation code?

in Receivables & Collections

My ERP customer in Japan has initiated plans to implement AR to extend its ERP.

I inquired about automatic reconciliation of AR deposits, but the Fin SE team in Japan does not have any information.

-Question

Is it possible to process AR deposits based on the collation code?

-Contents

This is about AR operations. We are considering registering a unique collation code in the customer master and associating it with customer data. For example, if customer A's unique code is A', the association is always a one-to-one relationship. In other words, customer A = unique code A'.

In such a case, if the system is designed so that the customer maintains a unique code (A' in the above example) in the bank's deposit data, the AR system can automatically identify the unique code as a matching key to the data about customer A and process the AR for customer A.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!