AXPLockBox

$ 300.00

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Description

Product Description

Lockbox services are provided by banking institutions as a means to streamline the process of receiving customer payments. The bank will collect, process and deposit receivables directly from a post office box. All items collected during the business day are deposited on a same-day basis, and usually reported to you, the very same day.

With the help of AXPLockbox, the users can add a new method of payment in the accounts receivable module and import payments against a particular invoice directly on a journal line using the default file format generated by the banking institutions.

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