Step 3: (Advance Billers Only) - Marking Cash Flows for Billing
(This section is only for advance billers who bill on deposits and withdrawals.)
- Launch the ‘Billing Audit’ app > Transaction Audit: Bill Eligible > Click on the blue calendar button at the top of the right panel > select the beginning and end dates for the prior billing period (ie: if completing on 4/2, select 1/1 - 3/31).
- Shift + select to highlight all of the inflows that you intend to include in billing adjustments > right click > edit transactions:
- Field to update: new money ready
- Enter new field value: True (check the box)
- Add change > save
- Shift + select to highlight all of the outflows that you intend to include in billing adjustments > right click > edit transactions:
- Field to update: Advanced Billed
- Enter new field value: True (check the box)
- Add change > save
[NOTE: if your view includes trade fees, ADR fees, or any other transaction types that you don’t consider as billable flows, then edit your view or save a new default view to exclude those from the screen for future runs of this workflow.