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NetSuite OneWorld Implementation 2011 R2 by Thomas Foydel

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Accounts receivable processing

An old piece of received wisdom claims that the closer you are to the corporate revenue stream, the more money you make. This may or may not be true, but there is no question that the closer you get to accounts receivable processing, the closer you are to the heart of the organization. How your organization bills customers and collects accounts receivables is second only to what you sell when it comes to potential competitive advantage in the market place. For this reason, organizations take A/R very seriously.

Your first order of business is to understand what documents your organization uses when it charges customers: invoices, cash sales, or a combination? Do your cash sales come in over the Web by credit card? ...

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