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What would be Considered Non-Tax Revenue under Phase 1 Functionality?

April 26, 2017functionality non-tax phase revenue

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What would be Considered Non-Tax Revenue under Phase 1 Functionality?

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The AR/Non-Tax Revenue business process pertains to agency sole custody accounts. The envisioned functionality for Phase 1 deployment may include all or part of the following: Inter-agency billing – providing the receivables side for reimbursement of services provided from one agency to another; and allowing for the ability to drill down to lower level of billing details, conduct aging analysis and dunning; Billing, receipts, and aging for assessment-funded agencies using data from existing billing systems; and Revenue recognition for miscellaneous revenue collected through POS and other non-invoiced sources (excludes New York State tax revenue) providing the ability to record and classify the source and type of revenue. Additional information concerning AR/Non-Tax Revenue can be found in section 2.2.6 of the SI RFP on the NYFMS web site at: http://www.nyfms.state.ny.us/assets/Docs/si_rfp/NYFMS_SI_RFP.