Electronically transfer collection documents to the bank

Handle bank instructions and bank occurrences, such as discounts, protests, and address updates, for each collection document

Automatically or manually create a batch of collection documents to transfer to different banks, as well as maintain and cancel these batches

Select occurrences and create a batch of occurrences to transfer to a bank

Automatically load or manually enter documents and occurrences that are transferred from the bank into Receivables

Generate receipts from the documents that are transferred from the bank and apply the receipts to corresponding invoices. Collected interest and penalty fees automatically generate adjustments, debit memos, or both in Receivables.

Create account entries for each generated occurrence and post them to General Ledger