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The Accounts Receivable module interrelates with Accounts Payable, Grants and General Ledger modules.

It is essential that all customer / Internal Trading invoices are processed in the correct accounting period and all receipts are identified and applied to outstanding invoices.

Tasks required Final date for completion
Complete and return Cash Holding Confirmation form for all petty cash, till floats and advance balances as at 30 June. Fri 14 Jul  
Empty all vending machines and identify cash/cheques received up to end of July 2016 Mon 31 Jul  
Process all cash /cheques and, if possible, PDQ income up to end of July 2016 Wed 2 Aug  
Run and review Unapplied Receipts Register Wed 2 Aug  
Raise /dispatch all 2016/17 internal trading invoices Fri 11 Aug  
Run Ageing-7 buckets report and review for bad debts Tue 15 Aug  
Receipt any BACS/bank transfers or unclaimed PDQ income Wed 16 Aug  
Raise, complete and dispatch all external invoices Wed 16 Aug  
Run and review Incomplete Invoices Report (external trading) Wed 16 Aug  
AR module closes at 5pm Wed 16 Aug  


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In case of queries please contact the Accounts Receivable Helpdesk
Tel. 32215 or email



Accounts Receivable module

The Accounts Receivable module will not open for the August period until Tuesday 8 August 2017. You will not be able to raise August dated invoices until after this date; the delayed opening date will allow departmental accounts staff to concentrate on the closing of the July period which closes on Wednesday 16 August.

Confirmation of petty cash, till floats and advance balances

All departments need to confirm their petty cash, float balances and any advance balances as at 30 June 2017 by completing the 2017 Cash holding confirmation form which is available from the Finance Division website at

Navigate to: Staff & Department Services > Forms > Accounts Receivable

Completed forms (including NIL returns) should be returned to the Finance Division by Friday 14 July marked for the attention of the Cashiers.

Queries should be referred directly to either -Tel: (3)48867
or - Tel: (7)64221

Cash and cheque receipts

Identify all monies received up to close of business on 31 July 2017, whether received via the post or over the counter. This will include monies from the emptying of all vending machines, pay phones, key deposits and photocopier sales etc.

Departments should continue to bank cash and cheques received in relation to the new financial year but will not be able to enter receipt batches on UFS until 8 August, when the AR module is opened for the 2017/2018 financial year.

Receipt batches

For all Accounts Receivable transactions please ensure the correct dates are used:

  • Receipt batches, receipts and transactions relating to the old financial year must have both receipt/transaction dates and GL dates of JUL-17.
  • Receipt batches, receipts and transactions relating to the new financial year must have both receipt/transaction dates and GL dates of AUG-17.
  • Complete all receipt batches for cash, cheques (and if possible PDQ transactions) received by the ‘University’ on or before 31 July 2017, using an accounting date of July 2017.

NB. All cheques need to be dated July 2017 or earlier.

  • Run the Receipt Register Report (UFS) for each receipt batch and bank as normal

NB. It may be that your first visit to the Cashier after the year-end includes two receipt forms, one for each year. This is expected and acceptable.

  • Run the Unapplied Receipts Register report to see where receipts have not been matched to an invoice. Apply receipts created against customers to clear outstanding invoices as necessary

Review for bad debts

Run the Ageing–7 Buckets–by Account Report (UFS) and review for doubtful / irrecoverable debtor items. Notify Credit Control on any such debtors :

BACS receipts, bank transfers and unclaimed PDQ receipts

Please ensure that all income is claimed and receipted from the twice weekly BACS list that Finance Division distribute for GBP, EURO and US Dollars, before AR is closed. Claim all July or earlier BACS, any previously unclaimed PDQ bank deposits and counter credits by receipting them in the usual way. Ensure you use a July 2017 receipt and GL date.

Internal AR invoices


Invoices for 2016-17

To be raised with both an invoice date and a GL date of July 2017 and dispatched to departments by 11 August.

NB. Internal trading AR invoices should wherever possible be raised in relation to the period up to 31 July so that the paying department recognises the charge in full in 2016-17. Therefore, departments are encouraged to raise their sales invoices as soon as possible to allow time for the receiving department to process them.

Invoices for Aug 17

These may not to be raised until after the close of the AR module for the current financial year.

NB. As Internal Trading invoice and credit memo transaction types for 2017/18 should not be raised until after the close of July, accounts users will be temporarily disabled from raising internal sales invoices from Fri 11 August (5pm) to 16 August 2017. Therefore, 17 August will be the first possible invoice date.

External invoicing – all departments

Ensure that all external sales invoices, together with credit memos, have been raised in order to record all income due and all monies owed to the department.

  • Run Incomplete Invoices Report to check there are no un-posted invoices.

Refer ‘Other Debtors’ if the final date for AR invoices has been missed.

Invoicing – departments with interfaces

Review all AR invoices pulled into the Accounts Receivable module through the Auto-Invoice process to ensure no errors are found. Make adjustments if these invoices need to be dated 31 July or earlier.