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Accounts Receivable features a streamlined billing process for the creation, processing, and recording of a wide range of billing and collection types.
Quickly and easily record customer invoices, refunds, and collections using an intuitive graphical interface. Configurable late charges, detailed invoice information, and the capability to pay with a variety of convenient methods encourage timely payments from vendors and increase your receivables liquidity.
Provides customer, receivables, invoicing, and collection management capabilities. Receivables are recorded, and bills are generated and mailed to customers. Collections are recorded and applied against customer open receivables. Checks are deposited and these transactions are loaded into the receivables module. Treasury Report on Receivables (TROR) and Aging Report are pre-configured and operational.
Supports civil fines and penalties, recoveries and refund receivables, rent and royalties, grants receivables, government fees, receivables for services and goods provided, and user fees. Also recorded is straight revenue such as Freedom of Information Act (FOIA) receipts, jury duty receipts, reverse Relocation Income Tax Allowance (RITA) receipts, return of travel advance, and recovery of vendor overpayments.
"Federal Accounts Receivable" is part of the GCE Federal Financial Management Solution line of products, developed by GCE.