4 Manage Receivables/Payables

This topic provides systematic instructions to corporate user to manage all receivables/payables associated with the corporate party.

The portal provides a single screen to the corporate party, for all possible actions that can be taken on receivables/payables. At present, the following actions can be effected on relevant receivables/payables.

• Accept
• Accept/Reject Discount Offer
• Edit
• Cancel
• Raise Dispute
• Resolve Dispute
• Assignment

Note:

These actions are not available on a mobile device at present.

To manage receivables/payables:

1. From the Dashboard, click the Toggle Menu, then click Receivables/Payables, Receivables/Payables Management, and Manage Receivables/Payables.

Figure 4-1 Manage Receivables/Payables

Description of "Figure 4-1 Manage Receivables/Payables"

Table 4-1 Manage Receivables/Payables - Field Description

Field Name	Description
Party Name	Select the party name from the dropdown list to view the applicable list of receivables/payables. By default, the primary party/gcif of the logged-in user is selected. Note: Only accessible parties are displayed to the user. Based on the party selection, the list of receivables/payables is displayed.
Action Tiles	Select the required action to be effected on the relevant receivables/payables. On selecting an action tile, the number of receivables/payables that can be effected by that action, appears in the respective tile. The List of Receivables/Payables section is also updated with the relevant receivables/payables records. The options available are: Accept - For more information, refer the Accept section below. Accept/Reject Discount Offer – For more information, refer the Accept/Reject Discount Offer section below. Edit - For more information, refer the Edit section below. Cancel - For more information, refer the Cancel section below. Raise Dispute – For more information, refer the Raise Dispute section below. Resolve Dispute – For more information, refer the Resolve Dispute section below. Assignment – For more information, refer the Assignment section below.

This topic contains following sub-topics:

• Accept/Reject
  This topic provides systematic instructions to accept receivables/payables to convey the agreement to pay the receivable/payable amount.
• Accept/Reject Discount Offer
  This topic provides systematic instructions for the supplier to either accept or reject discount offers that have been linked to invoices.
• Edit
  This topic provides systematic instructions to modify the receivable/payable.
• Cancel
  This topic provides systematic instructions to the supplier tocancel a receivable/payable.
• Raise Dispute
  This topic provides systematic instructions to raise a dispute against the receivable/payable.
• Resolve Dispute
  This topic provides systematic instructions to resolve disputes that have been raised against receivables/payables.
• Assignment
  This topic provides systematic instructions to a corporate party to assign the responsibility of handling their receivables/payables to a factor.
• Search (overlay window for Manage Receivables/Payables)
  This topic provides systematic instructions to search for receivables/payables based on the filter criteria.