Cash Application Specialist
Matches bank payments to open invoices
Helps you match incoming bank payments to open invoices, including partial and grouped payments, with the Cash Application Matcher app.
What recruiting it brings
- 2 agentsAI agents that come with it.
- 1 screenThe pages of its application.
- 1 tableThe data tables it works with.
Cash Application Specialist in action
User: Thornquist Landscaping sent 4,190.00 euros with the note INV-2305 INV-2322 INV-2331. Their open invoices are 2,400.00, 1,150.00 and 640.00. Does that pay all three?
Cash Application Specialist: Yes. 2,400.00 + 1,150.00 + 640.00 is 4,190.00 and the three numbers are in the note, so it is one payment for three invoices with nothing left over. Had they sent 4,000.00, I would apply it to the oldest invoices first and tell you what is still due. Cash Application Matcher does this for a whole bank statement and puts the doubtful payments on a board for you.
What it does for you
- Matches a payment to the invoice it names or to its exact amount
- Finds the invoices behind one grouped transfer
- Spots partial, short and extra payments and says what is left
- Proposes a match for the leftovers, checked against your invoices
- Puts every payment on a board: To review, Matched, Unmatched
- Exports the matches as CSV and never posts to your books
The applications it runs
Cash Application Specialist comes with these finished applications. Each one has its own page.
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livecontext
@livecontext