What do you mean by Credit Management under AR in Professional field?

farfoosha

• Oct 1st, 2012

The objective of managing accounts receivable is to have both the optimal amount of receivables outstanding and the optimal amount of bad debts. a. This balance requires a trade-off between the benefi...

Raghu

• Jul 19th, 2011

Credit Management is the process of managing the outstanding receivables of the organistion as per the policies adopted by the organisation. Companies might the approach of categorising the B/R by the...

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What are the steps involved in Cash Application & When is Cash Application comes into picture?

Gopal

• Nov 26th, 2012

As far as I understand cash application is nothing but cash allocation. when we receive the amount from customers on the invoices which are due from them we do cash allocation (meaning we clear the paid invoices from our system). it comes into picture when we receive cash from customers.

nadeem

• Jul 29th, 2011

Managing customers payment exceptions.

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