Credit And Collections

Credit And Collections

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This book speaks to the basic problems that small and medium businesses encounter when the company begins to grow and their customers begin asking for a a€œlittlea€time to pay for their purchases and their cash is slow coming;thusbegins the credit department or at least Accounts Receivable.The formula for computing the cost and the costs of some credit terms are as follows: Cost = Discount Percent/(100 ... Payment of the invoice is due within 10 days and if not paid, the sellera#39;s only recourse is to pursue payment under the sameanbsp;...

Title:Credit And Collections
Author:John Kovalchek
Publisher:AuthorHouse - 2012-10-22


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