System Information

Overview

The System Information defines data specific to each Accounts Receivable processing organization.

Processing organizations are centralized units responsible for processing payments for invoices generated by the billing organizations in the Accounts Receivable module. Each billing organization reports to one processing organization. Refer to Billing and Processing Organizations for additional information. 

System Information

Most fields on this tab are self explanatory. Those needing additional explanation are described below. 

• Lockbox Document Initiator Principal Name, Initiator Name and Number: Even if your institution won't be using the Lockbox functionality, these fields are required. The Principal name must be valid and the Initiator Name will fill in based on the Principal Name. These fields default to kfs. 

Object Codes

The object code used on the Customer Invoice when a discount is applied. 

University Clearing Account

The clearing accounting string used to create ledger entries for the Cash Control and Payment Application documents. 

Remit To Information

The Remit To Address will flow into Organization Options. The Remit To Address on Organization Options is the Remit To address that will print on the Customer Invoice pdf.  Refer to Organization Options Remit To tab for additional information.