Accounts Receivables accounting cycle

What is the AR cycle with accounting entires step by step

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Nimmi

  • Apr 8th, 2019
 

Customer making a purchase
Creating customer invoice
Print/send invoice
Apply discounts for early payments, or fees for late payments
Receive payment

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Narasimha

  • May 8th, 2019
 

Accounts receivable cycle:
1 order Management
2 credit Management
3 Billing
4 cash application
5 cash collection
6 disputes
7 Analysis and reports

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