CENTRAL ACCOUNTS RECEIVABLE INVOICING
Last Revision: 09/16/2025

CENTRAL ACCOUNTS RECEIVABLE INVOICING

WHY USE CENTRAL ACCOUNTS RECEIVABLE?

  • Penn State has provided services and now we need to be paid
  • The Business Area GL/Cost Center gets credited when the invoice is created, also known as Accrual Accounting
  • Central Accounts Receivable collects and processes the payment, taking that responsibility off the Business Area

The following provides information on the various aspects of Accounts Receivable Invoicing:

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HOW TO VERIFY IF AN ACCOUNT EXISTS IN CENTRAL ACCOUNTS RECEIVABLE

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DUNNING (BILLING) PROCESS

Central Accounts Receivable performs the dunning process monthly.

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