In this segment on Working Capital Management, a section is solely dedicated to the topic on the managing of Company’s Accounts Payables/Trade Creditors.
Append are some articles in my other accounting blog to enhance some basic knowledge on managing Accounts Payables:
(1) Optimizing Working Capital By Managing Accounts Payable
(2) Understand what is Trade Discount
(3) Understand what is Cash Discount
(4) Using borrowings to enjoy Cash Discount incentives from Suppliers
(5) Taking advantage of Cash Discount By Partial Payment of Suppliers’ Invoices
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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