Process Associate O2 Interview Questions and Answers

Cash application is the process of applying incoming payments to the correct customer accounts in a company's financial records.

• Cash application involves matching payments received to the corresponding invoices or accounts receivable

• It ensures accurate recording of transactions and helps in maintaining up-to-date financial records

• Automated cash application software can streamline the process and reduce manual errors

• Examples: Matching a customer's payment to their specific inv...read more