Billing
Accounts Receivable
Selcomm Converged Billing has a fully functional Accounts Receivable system that has been designed specifically for the management of Telecommunication services and Customers. This reduces the effort otherwise required by the Service Provider to integrate information received from financial sources such as the billing and payment systems into external accounting and finance packages to manage accounts. The Selcomm Financial Interface uses the principles of an open item accounting system and can be used to maintain financial transaction entries when manual adjustments need to be made. When Selcomm is integrated with an external accounting package, entries are limited typically to end-of-month journals.
Selcomm Accounting and Finance features include:
- Open item accounts receivable system
- Aged Trial Balance and Current Account reporting
- Manual invoice generation
- Debtor reporting and online display of 30, 60 and 90 days outstanding (if required)
- Drillable presentation of invoices and payments
- Credit note/adjustment generation
- Debit note/adjustment generation
- Online accounts receivable display
- Hierarchical definition of multiple billing points within the one accounting entity
- Batch and online debit processing
- Online deposit instalment processing
- Auto-allocation of payments to invoices with manual override
- Event processing of payment history, e.g. processed payments, dishonoured payments
- General Ledger journal update interface
- Numerous reports to review profitability