Credit control - account receivable management, Financial Management

Assignment Help:

Q. Credit control - account receivable management?

Once credit has been established it is important to review outstanding accounts on a regular basis so overdue accounts can be identified. This can be done for instance by an aged receivables analysis. It is as well important to ensure that administrative procedures are timely and robust for example sending out invoices and statements of account and communicating with customers by telephone or e-mail and maintaining account records.


Related Discussions:- Credit control - account receivable management

Dividend policies, explain for factors influencing design for dividend poli...

explain for factors influencing design for dividend policies

Compare and contrast sources of conflict, The data on sales performance in ...

The data on sales performance in LS Company has shown a important downward trend over the last year. The Marketing and Sales Department is blaming the Finance Department for the po

Explain investment opportunity schedule, What is the investment opportunity...

What is the investment opportunity schedule (IOS)?  How does it help financial managers make business decisions? The investment opportunity schedule depicts graphically propose

Define criteria for a good international monetary system, Discuss the crite...

Discuss the criteria for a ‘good’ international monetary system. Answer: A good international monetary system must offer (i) sufficient liquidity to the world economy, (ii)

Stakeholder vs shareholder approach, QUESTION 1 (a) What do you underst...

QUESTION 1 (a) What do you understand by the term Civil Society Organisations? (b) Distinguish between sectional and promotional groups. Give examples to support your answer

Pvif, how do we get the pvif of a perpetuity

how do we get the pvif of a perpetuity

Types of mortgages, Types of Mortgages 1. Traditional...

Types of Mortgages 1. Traditional Mortgages 2. Non -  Traditional Mortgages 3.  Graduated-Payment Mortgages (GPMs) 4.  Pledged-Account Mortg

Disadvantage or redundancy of excessive working capital, Q. Disadvantage or...

Q. Disadvantage or redundancy of excessive working capital? Excessive working capital means idle funds which earns no profit for the business operation it should have nighters

Paper on Estate Planning (3–5 pages), Evaluate the tools commonly used in e...

Evaluate the tools commonly used in estate planning, including trusts, life insurance, and annuities. Compare the tools as to how they would apply for a couple in their mid-50s who

Convertible and non-convertible bonds, Bonds can also be classified i...

Bonds can also be classified into convertible and non-convertible depending upon whether they carry a conversion feature or not. Convertible bonds are the ones which ca

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd