A receivables management firm offers an "A to Z of receivables management".
Its consumer-credit company booked a profit of €70m representing an acceleration of future interest from a securitisation of receivables.
Auditors are supposed to do spot checks of receivables.
Also include an aging schedule of receivables and payables.
Its reserve is $4.5 billion, or 1.06% of receivables.
Credit card delinquencies surge to 7% of receivables.
Exhibit A: The company reduced its estimate on how much of accounts receivable won't be paid, from 6.6% of receivables to 2.2%.
Exhibit A: The company reduced its estimate on how much of accounts receivable won't be paid, lowering the number from 6.6% of receivables to 2.2%.
Bad-debt provisions accounted for 14% of receivables in fiscal 1997, up slightly from last year's 13%.
GE Capital's reserve has decreased since 2003, when it was 2.8% of receivables.
They also wanted him to commit to sell a minimum amount of receivables each month.
