Cash Application is the process of recording and applying payments received from customers to their outstanding invoices.

• It involves matching payments received to the correct customer account and invo...read more

The prime responsibility of the ar team is to allocate the payment in the correct customer account after checking the remittance

If there is any mismatch or deu to unavailability of the remittance the...read more

Cash application is the process of accurately matching payments from B2B customers to their orders, then processing the payment so the money is available to be spent.

Cash application is a part of the accounts receivable process that applies incoming payments to the correct customer accounts and receivable invoices. In order to do this, the first step is to determi...read more