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Required: a) Reviewing debtor and credit ledger according to organisational policies and guidelines to identify outstanding monies and payments is one of the responsibilities of

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Required: a) Reviewing debtor and credit ledger according to organisational policies and guidelines to identify outstanding monies and payments is one of the responsibilities of accounts receivablelpayable clerk. Record the Individual accounts receivable and accounts payable subsidiary ledgers to identify and make record of entries according to type and source of receipt. b) An accounts receivablefpayable clerk's responsibility is to identify clients in default of trading terms according to organisational credit policies and operating procedures. It is also important to identify the suppliers' outstanding money to pay on time. Extract a list of balances from the accounts receivable and accounts payable subsidiary ledgers to identity outstanding payables and receivables. c) As an accounts receivablelpayable clerk it is important to ensure that the entries were entered into manual accounts receivable and accounts payable systems with accuracy, consistency and completeness and the receipts and payments were entered into accounts receivable system according to established procedures. The debtor and creditor ledgers were prepared according to organisational policies and guidelines to identify outstanding monies and seek further information where required. Prepare Accounts Receivable Control Account and Accounts Payable Control Account to reflect these statements

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