PeopleSoft Financials Question:

1. The sale is captured in Billing. Load Bills from anexternal system into PS Billing through Billing InterfacesProcess
2. Billing creates the invoice to send to the customer
3. Billing sends the customer's invoice information to Accounts Receivable to update customer balances
4. ARUPDATE Updates AR WITH NEWLY CREATED pending items & post all other AR data to customers Accounts
5. Receivable processes payments from customers.(arpredct)
6. Accounts Receivable sends correspondence such as statements and dunning letters to customers (AR_STMTS, Dunning, and Aging)
7. Billing and Accounts Receivable send accounting entries to General Ledger (FS_JGEN)

Details:
BP:

1) Billing Interface Process(BIIF0001)
2) Invoice Status Change Process(BIIVCSTS)
3) Currency Conversion (BICURCNV)
4) Pre-Load Process(BIPRELD)
5) Pre-Process and Finalization Process(BIIVC000) Note: After Finalization Bills can�t be changes
6) Invoice Printing
7) Then run Load AR Items Process (BILDARO1) to send data to AR
8) Finally Run load GL PROCESS(BILDGL01_)