02 — Capability · BC-250.40
Cash Application & Receivables Accounting
Match every incoming payment to the invoices it settles on the day it arrives, and keep the receivables ledger accurate enough that the aging report can be trusted.
- Cash Posting
- AR Accounting
In scope
- Payment matching and remittance processing
- Unapplied and unidentified cash handling
- Receivables subledger and aging
Out of scope
- Bank account structures and payment rails (see BC-230.40)
- The general ledger the subledger posts to (see BC-210)
Realized by · 2
Used in · 2
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-250.40.10Payment MatchingApply receipts to open invoices automatically from remittance data, bank references and matching rules, leaving only genuine exceptions for people.
- BC-250.40.20Unapplied Cash ResolutionInvestigate payments that could not be matched and clear them within days, so customers are not chased for invoices they have already paid.
- BC-250.40.30Receivables Subledger & AgingMaintain the customer-level record of what is owed, by age, and reconcile it to the general ledger every period.
- BC-250.40.40Customer Payment AcceptanceOffer and operate the ways customers can pay, from card and direct debit to portal and transfer, within the rules each payment method carries.