What is the difference between finance and accounts?most of the companies having a different section like finance and accounts. why they aren't had only single section neither finance nor accounts?
Latest Answer : Finance: it is an economic activity. it involes managing the funds, how to raise the funds & its allocation in diffrent departments like production, marketing, hr etcAccounting: it is an art of keeping the records of all transactions took place in the ...
Latest Answer : Money owed by a business enterprise for merchandise bought on open account. It is also called "A/R" or just "Receivables". Accounts Receivable are the amounts owed to a company by its customers and/or employees. ...
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 ...
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 ...
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 ...
What are the strategies to be followed for preparing Accounts receivable?
What are the powerful softwares that could be used for doing efficient Accounts receivable?
