Update Accounts Receivable. The remittance advices are used to post to the custo- mers’ accounts in the AR subsidiary ledger. Periodically, the changes in account balances are summarized and forwarded to the general ledger function.
Update General Ledger. Upon receipt of the journal voucher and the account sum- mary, the general ledger function reconciles the figures, posts to the cash and AR control accounts, and files the journal voucher.