inDinero

Accountant

• Research unapplied cash values in order to determine whether funds can be applied against a bona fide A/R invoice, or whether funds should be earmarked for refund to customer.
• Work under guidance of Assistant Accountant on specific books of unapplied cash.
• Conduct input / research work against specific unapplied cash values, using NetSuite accounting system and establish if the cash value is listed on the universal daily deposit spreadsheet.
• Determine form of unapplied payment, i.e. Check / ACH / Credit Card / Credit Memo.
• Establish if a specific invoice connected thereto is “open”.
• Process and reconcile payments by accurately locating, and correctly tagging payment remit, and validating invoice information
• Identify from the remit whether the unapplied payment is a duplicate payment, a regular overpayment, an overpayment, an issued Credit Memo, JE / AR transfer, awaiting missing remittance, information not posted in NetSuite, a sales tax issue, an incorrect vendor. Ultimately determine if the client submitting the remittance needs to be contacted for more information.
• Understand and resolve unapplied payment through audit, research and backtracking.
• Note corresponding solutions to rectify the cash postings and action accordingly.
• Record findings in Excel tracker.

Staff Accountant