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Accounts receivable department components
What are the components or materials used by Accounts receivable departments?


  
Total Answers and Comments: 1 Last Update: November 08, 2007     Asked by: norman 
  
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November 08, 2007 00:27:05   #1  
ch.v.rama krishna rao, chirala        

RE: What are the components or materials used by Accou...
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 credit data factoring contacts with the factoring agents follow up of customers motivating the customers to pay the dues intime and communicating the information to the managemnt. Credit sales data estimation of credit sales for the future period request for funds to finance department whenever they required follow up of customers receivables management.
 
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