How Can Computerized Sales Ledger Assists In Credit ManagementHow Can Computerized Sales Ledger Assists In Credit Management

Earlier article describe why the need to keep proper sales ledger. Incidentally,sale ledger section is also known as account receivable section in some companies. The Account receivable/sale ledger section involves in the billing and follow up of the customer on credit and other roles.

At all times,management must ensure that the finance/credit department [...]

December 31st,2009 | Tags:computerized,how,sales ledger | Category:CREDIT MANAGEMENT/CONTROL | Leave a comment

Why Do We Need To Keep A Proper Sales Ledger To Help In Credit ManagementWhy Do We Need To Keep A Proper Sales Ledger To Help In Credit Management

It is important for both accountant and credit controller to understand the importance of keepng a proper sale ledger. In fact the sales ledger is an essential source of internal information about credit performance and it should be regularly updated for new invoices,credit notes and cash received in order to:

produce accurate management information [...]

December 29th,2009 | Tags:management information,sales ledger,why | Category:CREDIT MANAGEMENT/CONTROL | Leave a comment