PeopleSoft Financials Interview Question:

What are most important business processes of Accounts Receivable modules?

Submitted by: Administrator

- Loading Pending items from Billing/External systems
- Entering Pending Recv items info into Pplsoft system
and update the AR system with these data inputs(AR_UPDATE)
- Entering any deposits recvd in the system and update the
AR System (using AR_UPDATE).
- Processing Refunds.
- Worksheets (Payment/Maintenance/Transfer) for performing
matching operations for inbound funds against outbound
funds.
- Predict Payments, Receive Payments through Lockboxes and
update the AR system as items received. (AR_UPDATE)
- Generate Accounting Entries for entries originated in
Peoplesoft AR system / External system.
Submitted by: Administrator