What are the strategies to be followed for preparing Accounts receivable?
Latest Answer: Debtors are the main role of the business. he is the entire back bone of the business. The goodwill of the concern is in the hands of debtors because he is the person who takes our product or rawmaterial to the customer or manufacture. so he is takes ...
Latest Answer: Factoring is a short term source of finance to the joint stock company SBI, SYNDICATE BANK are examples for factors. ...
Latest Answer: A journal entry is recorded accourding to the rules of debit and credit.for example goods sold for Rs 50000 for cash ----to record this -- identify the accounts involved-- i.e.goods A/cand Cash A/cgoods is a real account and cash is also a real accountdebit ...
What is Customer Master record?
Latest Answer: a customr master record consists of information of the customers like name,add,contact nos,of the customer and the terms of payment and is thid customer is a one time customer or a regular customer ...
What are the issues related with Accounts receivable?
Latest Answer: As the Accounts Receivable Supervisor, you will: Oversee and resolve all issues related to cash application to ensure accuracy Reconcile daily cash receipts to payment register Design and implement new Accounts Receivable processes and procedures Process ...
What are the components or materials used by Accounts receivable departments?
Latest Answer: Receivable department is very important department of the company. The responsbilities of the department is approval of credit limit to the customer, study the past history of customer credit, sending invoices to the customer, updation of the customer ...
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