Page 29 - Participant Guide - Unanet GovCon Using Accounts Receivable

LESSON 5 ACCOUNTS RECEIVABLE REPORTING

Learning Objectives

• Determine which Accounts Receivable reports to use to ensure accurate
transaction processing (AR Aging and AR Activity)

Introduction

Navigate: Reports > Dashboard > Financials > Accounts Receivable

Accounts Receivable represents the amount of money owed to a Company by its
debtors. This amount is recorded as an asset on the Company's balance sheet and
should be reconciled periodically to account for items recorded through Financial
Documents other than Customer Invoice and Customer Payment document types.

Accounts Receivable Activity Report - shows a listing of Customer invoices and
payments for the specified reporting range. Options exist to include Invoices and/or
Payments, and the results can include details or display customer totals only.

Accounts Receivable Aging Report - shows the amount currently receivable from
customers (including the number of days past due) for customer invoices (net of
payments and adjustments applied to the invoices).

Users have the option of specifying a fiscal period as of which to run the report should
they desire to tie a balance back (per the AR Aging) to the balance in the General
Ledger, as of the end of a specific fiscal period. When no fiscal period is specified the
aging will reflect all posted activity.

LESSON 5 ACCOUNTS RECEIVABLE REPORTING
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