Credit Management:Costs in Extending Credit &ROI on Receivables

Costs in Extending Credit:Do you know what are the costs in extending credit? Well,let’s hope that your answers include the following:

Cost of capital tied up in debtors,Cash discounts,Staffing costs of sales,ledger administration,Expenses on printing,stationery,postage,space,equipment,etc. Debt recovery costs,e.g. legal,credit insurance and debt [...]

March 28th,2006 | Tags:extend credit,ROI on Accounts Receivable | Category:CREDIT MANAGEMENT/CONTROL | Leave a comment