- Your process of entering in a sales document with a payment schedule is manual.
- You currently have to enter a sales invoice with a payment schedule as multiple invoices.
- There are errors made in entering these multiple invoices, causing receivables to be inaccurate. Your AR aging is inaccurate.
- You have a manual process of entering in revenue deferral transactions or using recurring entry transactions.
- Transactions are missed, not recognizing revenue when they should.
- You have transactions in which the receivable is recorded in one month but the revenue is recognized in a different month or months.
- Monthly journal entries do not recognize revenue and expense.
- Subsequent journal entries are done to correctly recognize revenue and expense.
- You have to manually create a debit memo in Receivables Management, create a vendor record in Payables Management, enter a debit memo in payables, and create a payment on the debit memo.
- You are wasting time.
- You are missing transactions.
- You could potentially issue the debit in Receivables Management but forget to create the applicable transactions in Payables Management, and therefore the customer does not receive the refund.
