1.Maximing the value of the firm.
2.Optimum investment in sundry debtors.
3.Conrol and cost of trade credit.
as
Identify and explain the key areas of accounts receivable management.
How can management practices speed the collection of receivables?
Trade receivables
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
as
Identify and explain the key areas of accounts receivable management.
How can management practices speed the collection of receivables?
Yes, all Account Receivables are counted as Assets.
Receive accounts.
Receivables Management means planning, organising, directing and controlling of receivables.
Trade receivables
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
Accounts receivables is a liquid asset
Account receivables only appear on Balance Sheet.
Accounts receivables relates to credit customers (debtors). Although somebody in the accounts receivables department will probably deal with anything relating to sales through to debt collection.
identify and explain the key areas of accounts receivable management