Accounts Receivables Process (2 of 3)

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Introduction

GFEBS Debt Management

Accounts Receivables Process

Overpayment to an individual/vendor has been identified and debt notification has been delivered.

Collection Process

Debtor remits amount due. Collection vouchers process into Automated Disbursing System (ADS), which flows to Defense Cash Accountability Systems (DCAS) to GFEBS. This process can occur at any time prior to liquidation of the debt.

Dunning and Debt Fees Calculations

Receivable becomes delinquent (Day 31).

Managing Installment Plans

Installment requested by debtor.

Interacting with U.S.Treasury (Cross- Servicing)

Debts referred to U.S. Treasury (Cross-Servicing) for upload into Federal Debt System.

Recording Doubtful Accounts and Write-Off Process

The allowance for doubtful accounts is an estimated amount. Debts classified as CNC or closed out as part of Write-off process and 1099-C generated, if applicable.

The diagram outlines the Debt Management process within Accounts Receivables.

Click each step in the process to learn about the trigger for each step. Once you completely review each step, you will look at entitlement and revenue systems next.