Accounts Receivable Advanced Topics

v4.6

Using Worklists to Manage Accounts

Menu Path

Accounting> Financial accounting> Accounts Receivable> Account > Analysis>

Field Name  Input Value
Customer "Leave Blank"
Fiscal Year  2001
Company Code 3000
Worklist  If worklist box is not visible click on the Worklist On Button FIN361

Select the Enter Icon

Select the OI Net Tab

Look at the ageing of the line items. What does this mean?  To understand the values you will have to look at the worklist to see which accounts are on it.

To View a Worklist

Accounting> Financial Accounting> General Ledger> Environment> Current settings> Maintain worklist for displaying line items

Place your cursor in the box displaying :"KUNNRS"

Select the Choose Icon

Double click in the box displaying "FIN361"

Now you can see which accounts have been placed on this worklist.  Why would you want to put a group of accounts on a worklist?

 

Analyzing Accounts Receivable By Account

Menu Path

Accounting> Financial accounting> Accounts receivable> Account> Display change line items

Field Name  Input Value
Customer 34989 t0 34999
Company Code  3000
Open items radio button checked 

Select the execute icon

This presents each account in the range and shows the unpaid line items

AGING OF ACCOUNTS RECEIVABLE

MENU PATH

Information System> Accounting> Financial Accounting> Accounts Receivable> Reports for Accounts receivable> Customers items >

Double Click Customer Evaluation with OI Sorted List

Field Name  Input Value 
Customer Account 34989 to 34999
Company Code   3000 
Fiscal Year 2000 to 2001
Open Items at key date Today's date

Other setting should default

Select Execute

Analyze the report. Look at the values for customer 34989and compare them to the open and cleared items listing.  Add up the overdue totals across the report.  What does this mean.

Create another Session and look at all the line items for this customer, 34989.  You should see the connection between the account display and the ageing display.  Why do you think the ageing report is easier to analyze?

Processing Incorrect Payments

Scenario: Using customer 34XXX, sell 1 unit of material p-103. Have the customer make a mistake and pay $50 too much. Following the regular procedure for processing open items. Enter the difference in the Difference field and select Save. Now go back and look at the line items in the account and you will find a credit memo there for 50.