Jd Edwards Enterpriseone Accounts Receivable Training Part-3

Full-length course (Part-3 of 3) on JD Edwards EnterpriseOne Accounts Receivable

What you'll learn

Setting up Credit & Collection Information

Setting up Customer Records for Credit & Collection

Entering Deductions

Resolving Deductions

Managing Customer Account Balances

Managing Account Activities

Describing Collection Report

Managing Credit Information

Processing Delinquency Notices

Processing Delinquency Fees

Calculate Statistics for Customer Analysis

Review Statistical Information for Customers

Processing Statements

Business Case Modelling

Recap the complete course

Requirements

JD Edwards EnterpriseOne – Foundation (Functional) [Recommended}

Domain experience in Accounting and/or Finance-related functions (Preferred)

Description

What Is Accounts Receivable (AR)?Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit.Accounts receivable is an asset account on the balance sheet that represents money due to a company in the short term.· Accounts receivables are created when a company lets a buyer purchase their goods or services on credit.· The strength of a company’s AR can be analyzed with the accounts receivable turnover ratio or days sales outstanding.· A turnover ratio analysis can be completed to have an expectation of when the AR will actually be received.JD Edwards EnterpriseOne Accounts Receivable OverviewAn accounts receivable department plays an important role in managing the cash flow of a business; it is responsible for processing invoices for goods and services sold to customers of an organization and applying payments from these same customers. In addition, the accounts receivable department might want to track payment information about their customers to gather statistical information about their paying habits. By understanding customers better, businesses can provide better customer support and manage their cash flow better.The JD Edwards EnterpriseOne Accounts Receivable system from Oracle helps you manage the cash flow with the flexibility for effective cash management. It provides real-time information so that you can make immediate decisions about extending credit, forwarding collections, and applying cash.With the JD Edwards EnterpriseOne Accounts Receivable system, you can streamline the day-to-day functions of the entire accounts receivable department. You can simplify and accelerate the process of applying receipts and you have up-to-date information that improves communication between the billing and the credit and collections department.For organizations that have offices around the world, JD Edwards EnterpriseOne software provides the flexibility needed to operate in multiple countries, each with unique currency, language, and statutory requirements.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Managing Credit and Collections Information

Lecture 2 Setting Up Credit and Collections Information & Setting Customer Records

Section 3: Managing Deductions

Lecture 3 Entering Deductions

Lecture 4 Resolving Deductions

Section 4: Managing Customer Account

Lecture 5 Managing Customer Account Balances

Lecture 6 Managing Account Activities

Section 5: Manage Collection

Lecture 7 Describing Collection Report

Section 6: Credit Information Management

Lecture 8 Managing Credit Information

Section 7: Management of Delinquency Notices & Delinquency Fees

Lecture 9 Processing Delinquency Notices

Lecture 10 Processing Delinquency Fees

Section 8: Customer Analysis

Lecture 11 Calculate Statistics for Customer Analysis

Lecture 12 Review Statistical Information for Customers

Section 9: Collection Statement Processing

Lecture 13 Processing Statements

Section 10: Business Case Modelling

Lecture 14 Final Course Activity

Section 11: Course Review

Lecture 15 Course Review and Recap

ERP Consultants,Accounting Professionals,Finance Professionals,Financial Auditors,Tax Consultants,Chartered Accountants,Cost Accountants,JD Edwards Functional Consultants,ERP Software Implementers,ERP Software Integrators