Invoicing & Collections · Pricing
Payment Application & Remittance Matching
Starting at$300a month
What the price covers
Up to 40 remittances; up to 5 unapplied-payment exceptions
What we do
- Collect remittance data; reconcile the intake list
- Match payments to invoices; apply authorized allocations and resolve ordinary unapplied items
- Review control totals and remaining payment exceptions
What you get
Applied remittances and an unapplied-payment exception list.
Not included
Bank reconciliation (Monthly Bookkeeping) and collections (Receivables Follow-Up & Collections Support).
Included in
Every Step. All 13.
- 01Collect payment notices, check details and remittance recordsMonthly intake · Operations
- 02Compare the received-remittance list with payment intakeMonthly intake · Operations
- 03Identify missing customer or invoice referencesMonthly intake · Operations
- 04Find the customer and invoices covered by each payment40 remittances/mo · Operations
- 05Compare payment amounts with the open invoice balances40 remittances/mo · Operations
- 06Apply the payment to the authorized invoices40 remittances/mo · Operations
- 07Record partial payments and approved short-payment treatment40 remittances/mo · Operations
- 08Investigate unapplied payments (up to 5 cases)40 remittances/mo · Operations
- 09Record leftover credit or unresolved differences40 remittances/mo · Operations
- 10Save remittance support with the applied payment40 remittances/mo · Operations
- 11Compare applied-payment totals with the intake totalMonthly review · Senior accountant
- 12Review the remaining unapplied-payment listMonthly review · Senior accountant
- 13Check that remittances and bank receipts are not posted twiceMonthly review · Senior accountant
More In Invoicing & Collections
All 8 servicesInvoice Preparation & Delivery$300 a month25 standard invoices from approved instructions; up to weekly billingReceivables Follow-Up & Collections Support$450 a month15 overdue B2B accounts; up to 3 contacts per account; aging reportRecurring Billing & Autopay Administration$150 a month50 recurring billing accounts; up to 10 approved schedule changesCustomer Billing Portal Administration$250 a monthUp to 3 customer portals; 20 submissions total