Report Name: RPT-OTC-007 Daily AR Receipt Activity by Budget Fund Report
Report Description: The RPT-OTC-007 Daily AR Receipt Activity by Budget Code will be run by the AR Manager or Receipt Management user to aid in reconciliation. It will list all applicable receipts based on the selected parameters, showing all applicable related receipt details, including the total receipt amount, applied Transaction number (if applicable), and Customer Account.
Report Data Flow: AR transactions will be created outlining the items and services for which they are billing the customer for payment. This will include all lines for items and services as well as tax, freight and charges (penalty and/or interest) if applicable. Create Accounting program will run and post all applicable transactions to the ledger. Receipts will be entered for both applicable transactions, as well as On-Account receipts and Unapplied receipts for specific customer accounts. This will include the total amount the receipt is created for as well as the bank account information. Create Accounting program will run and post all applicable receipts to the ledger. During reconciliation process, AR Manager or Receipt Management user will run report and validate all receipts in report, verifying the correct amounts, applications, and customers.