Receivables and Payables

As companies do business, they sell goods or services to customers. At the same time, companies must buy supplies or utilities in order to function. That is, businesses sell and purchase assets. These operations involve payments or payouts – documented in orders, invoices, credit notes or other statements. From an accounting perspective, they represent your accounts receivable and accounts payable – money requested from or owed to a business partner.

Payment and payout management involves the following topics:

Receivables and Payables

Retrieving Entries
Importing Incoming E-Invoice
Creating SEPA Orders for Invoices
Creating SEPA Orders for Balances
Issuing SEPA Direct Debit via EBICS
Issuing SEPA Credit Transfer via EBICS
Creating Payment Link
Managing Refunds
Canceling Entries
Collecting Out-of-Statute Payments
Using Cash Management Home Tab

Overdue Receivables

Retrieving SCHUFA Score DE
Managing Account Statements
Managing Dunning Reminders
Managing IVA
Writing Off Invoices

Reconciliation

Offsetting Invoices and Credits
Working With CSV Bank Data
Retrieving Bank Data via EBICS
Settling Open Entries
Controlling Balances