Self-billing Invoicing provides customers with the ability to bill
themselves and remit payment electronically, through EDI.Benefits
Self-billing Invoicing
· Customers acknowledge that they have
received shipment or consumed product.
· Provides additional EDI functionality
to meet consumer demands.
Remittance Advice Creation
· The system electronically applies
payments to open invoices, thereby eliminating ir reducing the amout of manual cash
posting.
Features
Self-billing Invoicing
· Memorandum Invoice
· Reports available for tracking
memorandum invoices.
· New G/L accounts develop for tracking
memorandum invoices transactions and isolating transactions for a specific customer or
product.
· Maintenance programs give the user the
tools they need to edit or correct data transmitted through EDI.
· System maintains historical records of
self-billed invoices, which the user can view through inquiry programs.
Remittance Advice Creation
· Electronically applies payments for
self-billed invoices, PRMS invoices, unknown cash, or customer charge backs.
· Maintenance programs give the user the
tools they need to edit and correct data transmitted electronically through EDI.
· The system maintains historical
records of Remittance Advice, which the user can view through inquiry programs.
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