This will change to page title

GFEBS Integrated Process Overview

GFEBS Essentials

Reimbursable Order Processing and Debt Management are the two primary sub-processes that encompass the Reimbursables (RM) business process.

 

Click on the buttons in the image to the right to read detailed descriptions of each specific activity.  

Reimbursable order processing includes:

•receiving incoming funding documents

•establishing sales orders

•generating debit memo requests and debit memos

•applying payments from customers

•tracking open accounts receivable

 

Reimbursable order processing requires master data such as customers, materials, projects, and internal orders.

Debt Management includes all activities related to the collection and disposition of overdue accounts receivables.

 

GFEBS interacts with other groups and agencies to conduct debt management activities, depending upon the type and value of the delinquent invoice. Specific debt management steps include contacting the debtor, applying interest, fees and penalties, sending debts to collection agencies for further action, negotiating installment plans and writing off uncollectible accounts.