Accounts Receivable FAQ
What functionality will the AR system provide?
- Accounting entries are system generated
- Handles Non-Student Receivables - Billing to external customers by departments, includes aging reports.
- Optionally, handles payments received via lockbox.
We don't have a lockbox system - can we still use the AR module? Yes. The AR module can handle both payments received via lockbox and those received directly in the Bursar or deposited in the bank.