Position vs cash · Module 04
Credit Settlement
What is owed - and what has actually been settled?
Credit is not cash. Keep economic transactions and cash settlement in separate lanes.
Discuss this with PrimeAxis ↗
The executive view
Make the
relationship visible.
A credit sale creates an accounts receivable position until cash arrives. A credit purchase creates an accounts payable position until payment is made. Same-day settlement changes cash without duplicating the sale.
PRIMEAXIS LOGICCash changes at settlement; receivables and payables change at recognition.
Continue through the operating map