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This accounts receivable clerk should be considered key personnel, because that person's job functions facilitate the company's access to capital provided by the processing of receivables and the collection of funds.
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A receivables management firm offers an "A to Z of receivables management".
So, Xerox owned $15 billion of receivables in 1999.
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.
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CEO of Professional Science Editing for Scientists @ prosciediting.com