Accounts Receivable L3s

Generate & Issue Invoice

the creation and delivery of sales invoices to customers documenting goods shipped or services rendered, including customer details, line items, amounts, and payment terms to establish the accounts receivable obligation.

Manage Customer Credit

the assessment and monitoring of customer creditworthiness, establishment of credit limits, and ongoing review of customer credit status to mitigate the risk of non-payment.

Apply Cash Receipts

the recording and posting of customer payments received, matching them against outstanding invoices and updating the accounts receivable subsidiary ledger to reflect reduction in the outstanding balance.

Manage Collections & Disputes

the follow-up on overdue customer payments, investigation of customer disputes or billing disagreements, and negotiation of resolution to collect outstanding amounts owed.

Perform AR Deductions

the investigation and processing of customer deductions or disputed amounts taken by customers from their payments, determining validity and issuing credits or pursuing collection as appropriate.

Manage Credit & Debit Memos

the issuance of credit memos to customers for returns, allowances, or price adjustments, and the recording of debit memos for additional charges, offsetting or increasing the accounts receivable balance.

Process AR Write-Offs

the removal of uncollectible accounts from accounts receivable and recognition of the expense or allowance when it is determined that a customer will not pay the outstanding amount.

Reconcile & Close AR

the period-end activities including reconciliation of accounts receivable accounts, aging analysis of outstanding invoices, cutoff procedures, and verification of account accuracy for financial statement preparation.

Report AR

the generation and analysis of accounts receivable reports including aged receivables, collection metrics, bad debt reserves, and customer account summaries to support management decision-making and financial reporting.