Setup Guide & First Time Use
Accounts Receivable (AR) - Billing Program
Setup Guide & First Time Use
Information required:
- List of Chart of Account Numbers
- Asset Accounts:
- Checking
- Deposits
- Advance Payments*
- Income (Revenue) accounts
- Sales Tax Account as a liability account for Service Fees if applicable
- Account number for each category (Room Rate, Assessment Fees) broken down by product line
- Account number for each category (Monthly Fees, Service Fees)
- Account number for general Sales Adjustments account
- Current balance for each resident, broken down by category (Room Rate, Assessment Fees, Monthly Fees, Service Fees)
Move-N Setup Procedures:
- Enter Chart of Account numbers in library
- Enter GL Interface information
- Assign Aging periods
- Select Program Method (billing method)
- Check "Include Pro-Rate Calculation" if desired
- Check "Hide Pro-Rate Offsets" if desired
- Check "Continue billing Room-Holds" if desired
- Enter Date of last posting
- Enter Billing cycle start and end dates
- Enter Effective Date for Pro-Rating
- Assign account numbers to categories on GL General and GL Specific tabs
- Setup Late Fees parameters on Late Fees tab
- Enter each resident current balance into the Balance Entry section
- Print statements to review accuracy and make adjustments as necessary before closing month and printing final statements.
Example Scenario:
Begin using Move-N AR as of June 1, 2009
- Assume date is May 31, 2009
- Enter Chart of Accounts information
- Assign numbers on GL Interface
- Set billing method
- Select checkboxes for Pro-Rating and Room Holds as desired
- Set Date of Last Posting = April 30, 2009
- Set Billing Period dates = May 1, 2009 to May 31, 2009
- Set Effective date for Pro-Rate Calculations = June 1, 2009
- Collect current account balance information for each resident as of May 31, 2009
- Enter Balance Entries for each resident in the amount of their current balance, dated May 31, 2009
- Print statements and review for accuracy
- Enter any other Balance Entries or delete Balance Entries as necessary. Then review and/or re-print statements until they are accurate
- Close month (which closes May 2009 and does billing for June 2009)
- Can now begin taking payments on current balances and June billing
* Can be the same account number or a separate account number for each type.