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Reviewing the AR/Cash Process

The following diagram illustrates how iMIS processes the flow of accounting transactions:

The AR/Cash Process

The flow of accounting transactions includes the following:

  1. iMIS generates detailed accounting transactions based on the recording of source documents.
  2. Transactions generated from the source documents are posted to create and update open item balances. The balances that are added together form the accounts receivable subsidiary ledger total.
  3. Transactions that have been posted are automatically transferred to your third-party General Ledger (GL) through the optional iMIS AR/Cash system or GL interface to produce reports.

See Also

AR/Cash Overview

Introduction

iMIS AR/Cash Features


ASI logo 10.6 Production Release. Updated 1/17/2006 1:18:14 PM
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