How Can Computerized Sales Ledger Assists In Credit Management
Earlier article describe why the need to keep proper sales ledger.
At all times, management must ensure that the finance/credit department should implement a properly run computerized sales ledger which should have the following features to assist in credit control:
- Â ageing of debtors by DUE DATE
- on line enquires on- credit limits, individual order limits, whether the customer is ” on stop”
- flagging of overdue accounts for follow-up by credit control
- attributing bad debts or high credit costs to salespersons or sales office responsible
- identifying consistently slow payers.
- Why Do We Need To Keep A Proper Sales Ledger To Help In Credit Management
- What Are The Roles/Function Of Credit Management Department
- Credit Management: An Overview, its Importance and Characteristic of a Company having a well run credit management department
- Credit Management: Proper Documentation
- What Factors To Consider When You Increase The Credit Limit Of A Customer
- Salient Features of a Good Credit Policy and Procedures Manual
- Performance Management/Measurements/KPI used in Credit Management/Credit Control
December 31, 2009
Posted in: CREDIT MANAGEMENT/CONTROL
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