essentials: accounts receivable - amazon s3

Essentials:

Accounts Receivable

Version 6.2.0 –2019/04

ContentsPage Analytic Name

3 Debtors age analysisAR Analytic 01

5 Debtor balances compared to credit limitsAR Analytic 02

7 Debtors with credit balancesAR Analytic 03

9 Outstanding debtors greater than 60 daysAR Analytic 04

11 Customers with no credit limitsAR Analytic 05

13 Changes to customer credit limitsAR Analytic 06

Debtors Age AnalysisAR_ANALYTIC_01_ARCS101

Re-computes debtors ageing

ACCOUNTS PAYABLE

Essentials – Accounts Receivable

Essentials | Accounts Receivable | AR_ANALYTIC_01_ARCS101

ContextDebtor age analysis provides

a summary of outstanding

debtor balances and period

outstanding. This will assist

with debtor management and

follow-up.

RiskIneffective follow-up on outstanding debtor payments.

ProcedureRe-computes debtors ageing. This analytic is useful to either confirm the accuracy of ageing

within a system or to independently obtain a debtors ageing for testing. The finance team can

use this analytic if their system has limited ageing reporting functionality.

Analytic LogicExtracts a listing of all outstanding invoices not yet settled by debtors from the system and re-

computes a debtors' age analysis using the invoice dates for ageing.

Debtors Age Analysis

Output Results Field Names

Company Code Company Name Customer Number Customer Credit Limit

Output Visualization Examples

Report Currency

Summary table of debtor

age analysis

Total amount in reporting

currency by customer

Pie chart of total amount in

reporting currency by customer

Report Amount 60 – 90 Days

Report Amount 90 – 120 Days Report Amount >120 days Total Amount Report Currency

Report Amount 0 – 30 Days Report Amount 30 – 60 Days

Debtor Balances Compared

To Credit LimitsAR_ANALYTIC_02_ARCS102

Compares debtor closing balances to credit limits loaded

ACCOUNTS PAYABLE



ContextDebtor trading limits should

be assigned as this is an

indication of the authorised

exposure per debtor. Debtor

amounts owing are also

managed in terms of the

credit limit.

RiskInaccurate and/or overstated debtor account balances.

ProcedureCompares debtor closing balances to credit limits loaded.

Analytic LogicExtracts debtors' current balances and their respective credit limits and analyses which

balances are in excess or close to their approved credit limits in the system.

Debtor Balances Compared To Credit Limits

Output Results Fields



Outstanding Total Amount Report Currency

Bar graph of debtor balances

compared to credit limits by

customer

Pie chart of outstanding total

amount by customer

Total Amount Report Currency

Customer Name

Debtors With Credit BalancesAR_ANALYTIC_03_ARCS103

Extracts all debtors with credit balances

ACCOUNTS PAYABLE




ProcedureIdentified all debtors with credit balances.

Analytic LogicExtracts debtors with balances in credit representing where they have overpaid or recent

credit notes have resulted in credits.

Debtors With Credit Balances



ContextThe debtor balance should

always be a debit balance, i.e.

amounts owing to the

organisation. All credit

balances should be

investigated as this indicates

amounts owed to the debtor

by the organisation.

Company Code Company Name Customer Number Customer Name Total Amount Reporting Currency

Report Currency Customer Credit Limit

Summary of all debtors with credit balances

Pie graph of customers with credit balances by credit limit

Outstanding Debtors

Greater Than 60 DaysAR_ANALYTIC_04_ARCS104

Extracts all outstanding debtors greater than 60 days

ACCOUNTS PAYABLE



RiskIneffective follow-up on outstanding debtor payments.

ProcedureIdentifies all outstanding debtors greater than 60 days.

Analytic LogicExtracts all debtors' invoices older than 60 days, which is the typical number of days after

which the recoverability of debts comes into question, and re-computes an age analysis of

these invoices.

Outstanding Debtors Greater Than 60 Days

ContextOutstanding debtors should

be followed up on a regular

basis to ensure that amounts

owed are recovered in a

timely manner. This also

assists in verifying the

accuracy of the disclosed

debtor balance.



Customer Number Company Code Company Name Customer Name

Report Currency Customer Credit Limit Report Amount 60 – 90 Days

Total Amount Reporting Currency

Report Amount 90 – 120 Days

Report Amount >120 days

Summary table of

outstanding debtors greater

than 60 days

Total outstanding

amount by customer

Total outstanding debtor amount by credit limit

and customer

Customers With No Credit

LimitsAR_ANALYTIC_05_ARCS105

Extracts customers with no credit limits

ACCOUNTS PAYABLE



RiskInaccurate and/or overstated debtor account balances. This potentially means that purchases

are not managed or regulated, and exposes the company to a higher concentration of risk.

ProcedureIdentifies customers with no credit limits.

Analytic LogicExtracts all customers that have no credit limit in the system.

Customers With No Credit Limits

ContextCustomer trading limits should

be assigned to all customers

as this is an indication of the

authorised exposure per

debtor. Customer amounts

owing are also managed in

terms of the credit limit.



Company Code Company Name Customer Number Customer Name Customer Credit Limit

Amount in Reporting Currency

Report Currency Amount in Document Currency Document Currency Item Text Creation Date

Total outstanding debtor amount by creation date and customer

Pie graph of customers with no credit limits

Changes To Customer Credit

LimitsAR_ANALYTIC_06_ARCS106

Extracts all changes to customer credit limits

ACCOUNTS PAYABLE




ProcedureIdentifies all changes to debtor credit limits. Note: This analytic can be used by auditors to

detect unauthorized changes to a customer's credit limit.

Analytic LogicExtracts all changes made to a customer's credit limit from the relevant log changes table.

Changes To Customer Credit Limits



ContextCustomer trading limits should

be assigned as this is an

indication of the authorised

exposure per customer.

Debtor amounts owing are

also managed in terms of the

credit limit.


Document Date Change User ID Change Control Date

Credit Limit Change Date

Change User Name

Change to customer credit limit by changed user name and credit limit

Change to customer credit limit by changed date, credit limit and customer

Customer Name

essentials: accounts receivable - amazon s3

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