Work In Process (Unbilled Receipts) – Add a DA Problem using Problem Type “CASH”. Enter comments explaining the movement needed. Accounts Receivable (Billed Receipts) – Add a DA Follow Up using Collection Status “Cash Reapplication Requested”. Enter comments explaining the movement needed.
Category: Accounts Receivable
NEW PRINCIPAL REQUEST
From the Manage tab – click on “NEW PARTY” button to create a new principal request. From there a window will open and there you will enter the needed information. Once this is done, a notification will be sent to Jessica Spires and Debra Shiver (backup person) to review the request.
Call Setup Allowed in
1) Fairwater Only – NON S5 Billing Party and NON S5 Responsible Party. This is the Default Setting. 2) Simply5 Only – S5 Billing Party and S5 Responsible Party. PDA/FDA sync to Simply5 system. 3) Either – Allows for NON S5 Billing Party and S5 Responsible Party to be created in Simply5 and synced to […]
Principal Funding Methods
The purpose of Advance Funding is to ensure the Agent does not use its own funds to provide for the Principals Operational needs. The Agent has established the below methods of funding to accommodate different Principal needs. Standard Advance – Proforma estimations are prepared for each Vessel Call and sent to the Principal. The Principal […]
ACCOUNTING EMAIL DISTRIBUTION ADDRESSES
To assist you in knowing who to contact in the Accounting department regarding your inquiries, please note below: CASH cash@nortonlilly.com to be used when inquiring on funds, notification of expected funds, and vessel cash deposits. outwires@nortonlilly.com to be used for out-wire requests. portchecks@nortonlilly.com to be used for port checks. DISBURSEMENT ACCOUNTING disb.acctg@nortonlilly.com DA Customer Service […]
Banking Detail Changes – Policy
Policy on changes to bank details for Vendors and Principals
Office of Foreign Assets Control (OFAC) Internal Controls
Because of the international nature of our business, Norton Lilly International (NLI) adheres to a strict policy of following US Government Regulations regarding sanction programs. We pay close attention to all accounts and transactions that involve international entities and destinations.