Batch Code Setup

The GL charges in Accounts Receivable are maintained in Accounts Receivable until a posting process is carried on at which time the charges are interfaced from Accounts Receivable to Finance.

The interface is done via the Balance and Audit/Batch Balance menu in Accounts Receivable. This is done using a unique Finance batch code defined on the Accounts Receivable

master profile and established in Finance via Batch Code Maintenance.

Batch Type MAR

Description Accounts Receivable interface to Finance

Bank 00

Fund As appropriate

Type J

GL Clearing System Clearing Account ZZZZZZZZ (not used by the system).

GL Bank System Clearing Account ZZZZZZZZ (not used by the system).

The Finance system must have an accounts receivable control account through which all Accounts Receivable invoices and payments are processed.

This is referred to as the GL clearing account in Accounts Receivable and must be established prior to setting up Accounts Receivable.

Accounts Receivable can reference separate GL's for each banking institution for maximum flexibility or several banking institutions can use the same GL. If the cash receipts are to be processed through different bank accounts, these must be defined as unique GL accounts in Finance before setting up Accounts Receivable. . Revenue accounts must be set up in Finance.