Workday · Financials · Module
Receivables: billing, the balance, and the chase
Receivables is where revenue meets cash. This module lands invoices and receipts on the ledger’s own keys, so billing, the balance, the aging, collections, and the reserve tell one agreeing story instead of five almost-matching ones.
◆ Start here
If you read one page, read the roll-forward. The module’s whole claim is one meeting of numbers: the balance, its two flows, and the aging agreeing to the cent, with collections, the reserve, and the as-of store all reading that same agreement.
◆ Pages in this module
Live
Five rows, 61 invoices, closing exactly on the revenue the trial balance proves.
Live
Invoices with credit lineage and receipts with applications, on the ledger’s own keys.
Live
Opening plus billed minus collected, landing on 5,700,000.00, which the aging buckets exactly.
Live
73 open invoices on the due-date clock, feeding collections and the reserve from one table.
Live
Collections partitioned exactly; the 147,600.00 unapplied is where relationships fray.
Live
The aging’s past-due buckets with names, notes, and the paid-but-unapplied check built in.
Live
Five memos, two reasons, 84,300.00; the earliest quality signal finance owns.
Live
Stated rates on the past-due buckets reserving 117,730.00 that recomputes nightly.
Live
21 ledgered master changes: six on the limit, one raise held, remit routes verified.
◆ Where the numbers tie
| Number | Value | Also appears on |
|---|---|---|
| May billing | 9,470,000.00 | The trial balance’s revenue and receivables rows, proved in the ledger module |
| Customer invoices posted | 61 | The journal source partition’s customer pipe |
| Closing receivables, 31 May | 5,700,000.00 | The roll-forward’s closing and the aging’s total, one number |
| Past due, 31 May | 544,500.00 | The collections worklist, whole, and the reserve’s rated base |
Sample values are illustrative, never client data. The crossfoot gate reruns every tie above at each build.
Use case
Problem
Billing, the receivables balance, the aging, collections, and the reserve live in five views that never quite agree, and the cash story assembles by hand.
What we build
The customer module on the owned model: two facts on the ledger’s keys, billing that ties, a pinned roll-forward, and one aging feeding collections and the reserve.
What you get
One receivables story told once: revenue finance signs, chasing aimed by the right clock, a reserve that shows its arithmetic, and cash questions answered from storage.
Want customer accounts on the owned model?
We build the two facts and the ties, reconciled against Workday before go live.