Deductions, Short Pay and Transactions - Credit Management Source

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Deductions

Short Pay

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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo.

Deductions

Deductions Credit and Collections DSO Accounts Receivable (AR)

5 Tips for an Automated Cash Application Process

Gaviti

MARCH 27, 2024

Increased globalization and cross-border transactions, a proliferation of diverse payment channels and methods, and rising customer expectations are creating more complex business environments for accounts receivable teams. As a result, they have increasingly turned to automated cash application to adapt to these challenges. Reconciliation.

Automated Cash Application

Automated Cash Application Cash Applicator DSO Invoice to Cash

Are Your Profits Going Up in Smoke?

5 Tips for an Automated Cash Application Process

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