Business Units

PeopleSoft Receivables stores customer accounting and receivables information by customer within a business unit. This type of information includes:

• Customer's balance.

• Customer's open items.

• Amount the customer owes in each aging category.

• Payment performance indicators, such as average days late and day's sales outstanding.

The combination of a business unit and a customer ID determines where the system stores customer accounting and receivables information. Once you set up your business units, the system stores accounting and receivables data by customer within a business unit (or at a subcustomer level, if enabled). The Receivables Update Application Engine process (ARUPDATE) creates and stores this information.