AR/AP risk can be defined as the outstanding debits of the AR/AP. The risk control is a frequent transaction in the sales and purchasing departments of companies. Given today's conditions, companies cannot decide on AR/AP relations only by looking at the AR/AP balances. Planning is performed by processing dispatches that are not billed in addition to the current balance.
AR/AP risk totals are tracked on the AR/AP list using the Risk Totals option located in the Info menu. Risk totals are calculated for AR/AP cards with parent level connections by including this information.
Protested P. Notes: The total amount of protested P. Notes of the AR/AP. If risk total is tracked in reporting currency, the reporting currency amount of NSF checks and Protested P. Notes in the bank or portfolio is reflected on the NSF Checks or Protested P. Notes fields respectively.
NSF Check: The total amount of NSF Checks of the AR/AP.
Charge Account: Shows the risk and remaining limit information of charge account.
Customer Check-Promissory Note: Shows the risk total of the checks and promissory notes received from the AR/AP.
Dispatch/Receipt Risk: Shows the dispatch risk amount of the AR/AP. This is the total of dispatches not yet billed.
The net amount of AR/AP dispatches generates the AR/AP dispatch risk. When the dispatches/receipts are transferred into the invoice, the dispatch/receipt net amount is deducted from the Dispatch Risk total, and added to the Balance total.
Order Risk: Shows the order total of the relevant AR/AP.
Total Risk: Shows the total risk or the relevant AR/AP.