Manage Assets and Liabilities for Billing and Retail Operations
Accounting for telecom billing and retail operations requires the ongoing management of receivables and payables. Staying in complete control of what’s owed to you or by you, is the hallmark of an effective service provider (and a happy finance department). CostGuard uses Generally Accepted Accounting Principles (GAAP) to generate GL Journal Entries according to the configured General Ledger solution for activity including billed and unbilled charges, payments, adjustments, calculated taxes, and retail transactions.
CostGuard’s Accounts Receivable and Payable solution provides the ability to: