EDI Remittance for Advanced Cash Application
EDI Remittance for Advanced Cash Application provides additional functionality to the MaxQ Advanced Cash Application module. Advanced Cash Application eliminates the cumbersome steps needed to apply and post cash in the Microsoft Dynamics SL Accounts Receivable module, streamlining and simplifying the payment application process.It simplifies the complexity of cash application and allows data entry staff to enter payments as they appear on the check advice. Split payments, charge backs, multiple write-offs of over/under payments and check level deductions can be handled from one screen.
This EDI Remittance for ACA add on module will allow customers and partners to send an electronic remittance advice which will be imported, validated, and automatically processed into an Advanced Cash Application batch.
Product Features
- Supports EDI 820 Remittance formats
- Converts trading partner specific adjustment reason codes to Advanced Cash deduction codes
- Eliminates manual entry of payments into Advanced Cash Application
- Ability to create customer groups for cross customer payments
- Provides for correction of EDI Remittance batches and resubmission
- Converts valid EDI remittances to Advanced Cash Application batches
