GRP Accounts Receivable is part of The Financial Management systems that automate and streamline all financial business processes for Dubai Government Departments, while providing a single accurate view of all financial information generated from the receivables, payables, projects and other sub-ledgers. They are built based on the Department of Finance policies and procedures, following the accrual base of accounting and including a standard chart of accounts. They allow for the consolidation of all Government Department Balances in one ledger.
The GRP Receivables:
1- Streamlines customer invoices;
2- Streamlines customers receipts;
3- Streamlines customer deduction processes;
4- Manages the remittance process;
5- Manages customer data.
Business Processes and Functionality :
1- Customer Maintenance Process
2- AR Transaction Entry Process (invoice/DM/CM)
3- Invoices with Rules (Rents Invoices)
4- Receipt Entry Process
5- Receipt Batch Process
6- Remittance Process
7- Customer Supplier Netting Process
8- Period Close Process
9- AR Interfaces
This service is rolled out in 28 Entities
