Job Description
Description
:Allocating payments
Allocate payments to correct invoices as per customer or collector request in a timely manner.
Enter and allocate all payments received by cheque, credit card, direct deposit, fax deposit, cash and deposits from remote branches to the appropriate accounts. Ensure that general ledger payments are assigned to the correct codes for accurate reporting.
Review unallocated payment to determine if an invoice has been released and able to match. Investigate unallocated payments that require GL coding and work with contacts around the business to obtain coding.
Ensure bank statements match funds received into allocation software.
Deposit cheques
Review cheques received for correct date, company name and signature.
Compile and deposit cheques to the appropriate entity.
Customer service
Answer funds receive...