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005-005 - Sundry Debtors

"Sundry Debtors" is a paper summarising: definition of a debtor the investment in debtors control of debtors discount policy credit limits consideration of credit limits credit risk responsibility for credit and collection function collection procedures bad debts The control of debtor ...Read more
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  • Description
  • Specifications

"Sundry Debtors" is a paper summarising:

  • definition of a debtor
  • the investment in debtors
  • control of debtors
  • discount policy
  • credit limits
  • consideration of credit limits
  • credit risk
  • responsibility for credit and collection function
  • collection procedures
  • bad debts

The control of debtors is very important for all business operators. This paper gives a brief overview of the key aspects of implementing affective debtors control in a business.