Narrative of causeway corporation receipt system.

Causeway Corporation uses the following procedures to process the cash received from credit sales. Customers send cheque and remittance advise to causeway corporation. The mailroom clerk at Causeway Corporation endorse the cheque and writes the amount paid and the cheque number on the remittance advice. Periodically, the mailroom clerk prepares a batch total of the remittance advice to account receivable, along with a copy of the batch total. At the same time, the clerk sends a corresponding batch of cheque to cashier. In amount receivable, a clerk enters the batch into the computers by keying the batch total, the customer number, the invoice number, the amount paid and the cheque numbers. After verifying that the invoice is open and that the correct amount is being paid the computers updates the account receivable master data. It there any discrepancies, the clerk notified. After the end of each batch ( or at the end of day ), the computer print out a deposit slip in duplicate on the printer in the cashier office. The cashier compares the deposit slip to the corresponding batch of cheque and then takes the deposits to the bank. As they are entered, the cheque number and the amount paid for each receipt are logged on disc. This event data is used to create a cash receipt listing at the end of each day. A summary of customer account paid the day is also printed at this time. The account receivable clark compares these reports to the remittance advice and batch totals and send the total of cash receipts to the general lodge officer.

Table 1 : ENTITIES Customer PARAGRAPH 1 ACTIVITIES 1. Send cheque and remittance advice

Mailroom clerk

2. Endorsed cheque

Mailroom clerk

3. Write the amount paid and the cheque number on remittance advice

Table 2 : ENTITIES Mailroom clerk PARAGRAPH 1 ACTIVITIES 2. endorse cheque 3. write the amount paid & cheque on the remittance advice 4. prepare batch total on remittance advive. 8. key batch total,customer number,invoice number,the amount paid 9. verify the the invoice is open & that amount is correct PROCESS 1.0 capture cash receipt

Account receivable 2 clerk

2.0 record customers collection.