June 2011
Beginner to intermediate
412 pages
9h 28m
English
Content preview from Oracle PeopleSoft Enterprise Financial Management 9.1 ImplementationBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Understanding aging
One of the important functions of any Accounts Receivable system is to give a snapshot of how long the customer invoices are outstanding. If an organization does not know how long its customers are taking to pay the invoices, it can encounter serious cash flow problems. PeopleSoft AR offers elaborate ways in which we can review the open items, place them in appropriate categories depending on how old they are, and then generate various reports to analyze customers' payment performance. The aging business process in the AR module performs these activities.
There are three elements that constitute the customer aging in PeopleSoft AR:
- Configuration of aging ID
- Execution of aging batch process
- Aging reports
Configuring aging ID
An aging ...
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