[DOWNLOAD] "Establish Credit System in Enterprises to Strengthen the Management of Accounts Receivable (Report)" by Management Science and Engineering # Book PDF Kindle ePub Free
eBook details
- Title: Establish Credit System in Enterprises to Strengthen the Management of Accounts Receivable (Report)
- Author : Management Science and Engineering
- Release Date : January 01, 2008
- Genre: Education,Books,Professional & Technical,
- Pages : * pages
- Size : 68 KB
Description
1. TARGET FOR ACCOUNTS RECEIVABLE MANAGEMENT The target is that a firm should make a sensible and scientific credit policy about accounts receivable and weigh marketing gains and due costs from the credit policy, The firm can not put into effect and pursue this kind of credit policy until the marketing .earnings go beyond the costs added, meanwhile the management has included the prediction and judgment on market and investigation on security of accounts receivable, If it seems that the market promises better, higher security of accounts receivable, the firm can introduce more flexible collection policies and expand the credit business to make more profits. Conversely, the firm should adopt strict policies or adjust the credit line to different customers so as to achieve better economic results.