| 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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