Accounts Receivable (A/R) Process

The Account Receivable process is used by Boards when they receive money or donations from their customers. The money is mainly coming from employees who are paying for benefits, schools holding fundraisers, organizations (i.e. Ministry of Education- those who fund the Boards).

There are two (2) types of customers:

•Regular (Receivable) customers- those who get invoices from the Board. These are often customers who continuously provide money to the board. For example, employees paying for benefits, or if once a week an organization rents out the school gymnasium, they would be a receivable customer.

•Miscellaneous customers- those who do not get invoices from the board and are considered a 'one time' revenue. For example, a donation can be made by an individual to a specific school or the board.

The A/R process is different, based on the type of customer the board has.

Below are workflows demonstrating the various steps to complete the Accounts Receivable (A/R) process:

Note: Not all processes listed below need to be executed to complete the process.

Use the following links to get further information on each step of the process (the numbers correspond to each step in the work flow):

1.How to Create an A/R Account

2.How to Create an A/R Invoice

3.How to Create a Regular A/R Cash Receipt

4.How to Create a Miscellaneous A/R Cash Receipt

5.How to Close A/R Cash Receipt(s)

Note: Click on any one of the above links to learn more about that section.

This process includes the following module:

•Accounts Receivable