{: Explain the Process flow in Billing, AR, AM. GL, AP, PO etc.
[U]AR[U] 1) Create a bill 2) Run the job to Finalise and Print the bill ( many processes are clubbed in this job. It loads the invoice to AR and GL too, if they are installed) 3) Print invoice (Using the process instance in print invoice process in step 4, print the invoice by selecting the correct template.)
[U]AR[U] 1) Create Pending Item 2) Run AR Update (this is an app- engine program which converts a Pending Item to an item). 3) Create Payments/ Do maintenance}
Iam learning peoplesoft.I could not understand ,could u please let me know in detail.
RE: Explain the Process flow in Billing, AR, AM. GL, AP, PO ?
[U]AR[U] 1) Create a bill 2) Run the job to Finalise and Print the bill ( many processes are clubbed in this job. It loads the invoice to AR and GL too if they are installed) 3) Print invoice (Using the process instance in print invoice process in step 4 print the invoice by selecting the correct template.)
[U]AR[U] 1) Create Pending Item 2) Run AR Update (this is an app- engine program which converts a Pending Item to an item). 3) Create Payments/ Do maintenance
RE: Explain the Process flow in Billing, AR, AM. GL, A...
Hi
{: Explain the Process flow in Billing AR AM. GL AP PO etc.
[U]AR[U] 1) Create a bill 2) Run the job to Finalise and Print the bill ( many processes are clubbed in this job. It loads the invoice to AR and GL too if they are installed) 3) Print invoice (Using the process instance in print invoice process in step 4 print the invoice by selecting the correct template.)
[U]AR[U] 1) Create Pending Item 2) Run AR Update (this is an app- engine program which converts a Pending Item to an item). 3) Create Payments/ Do maintenance}
Iam learning peoplesoft.I could not understand could u please let me know in detail.
RE: Explain the Process flow in Billing, AR, AM. GL, AP, PO ?
Process flow in Billing AR
1. The sale is captured in Billing. Load Bills from an external system into PS Billing through Billing Interfaces Process2. Billing creates the invoice to send to the customer 3. Billing sends the customer's invoice information to Accounts Receivable to update customer balances 4. ARUPDATE Updates AR WITH NEWLY CREATED pending items & post all other AR data to customers Accounts 5. Receivable processes payments from customers.(arpredct) 6: Accounts Receivable sends correspondence such as statements and dunning letters to customers (AR_STMTS Dunning and Aging) 7>Billing and Accounts Receivable send accounting entries to General Ledger (FS_JGEN)
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