Selcomm Accounts Receivable

A fully functional Accounts Receivables subsystem is available within Selcomm™ Billing that has been specifically designed for the management of telecommunication services and customers.  This significantly reduces the effort otherwise required by the service provider to integrate information received from financial sources such as the billing and payment systems into an external accounting and finance package to manage accounts.  The Selcomm™ Financial Interface has been built on the principles of an open item accounting system and can be used to maintain financial transaction entries when manual adjustments need to be made.  Typically, when Selcomm™ is implemented in conjunction with an external accounting package entries are limited to end-of-month journals.

Functions presented in the Selcomm™ User Interface for Accounting and Finance purposes include:
 

· Open item accounts receivable system
· Aged Trial Balance and Current Account reporting
· Provision for manual invoice generation
· Debtor reporting and online display of 30, 60 and 90 days outstanding (if required)
· Drillable presentation of invoices and payments
· Credit note/adjustment generation
· Debit note/adjustment generation
· Online accounts receivables display
· Hierarchical definition of multiple billing points within the one accounting entity
· Batch and online debit processing
· Online deposit instalment processing
· Auto allocation of payments to invoices with manual override
· Event processing of payment history, e.g., processed payments, dishonoured payments
· General Ledger journal update interface

· Numerous reports to review profitability