Billings preparation (as required by TAD) and mailing after customer approval Record and account for revenue Entering receivable transactions into the accounting system Preparing and delivering periodic statements Issuing of credit memos and refund checks approved by the customer Maintaining subsidiary receivables ledger Carrying out process adjustments approved by the customer Applying cash received to customer accounts and resolving short pays Preparing accounts receivable reports Accounts receivable deductions management (AR deductions management) services