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Receivables are amounts owed to the company by the customers to who company sell goods or services…
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Float is the time gap in the receivables management and these can be in the following forms:…
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Credit terms are the conditions under which the company extends the credit given to the customer…
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Every company operates to maximize its profit by increasing sales. In order to increase its sales company gives credit to its customers….
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Factoring is a process whereby a business (Seller) sells its accounts receivables to a third party (called factor) at a discount in exchange…
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The steps involved in factoring operations are:…
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Following are the advantages of factoring :...Factoring is a way to finance requirement of working capital of the company in respect of receivables….
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Eastern Zone – Allahabad Bank...Western Zone – State Bank of India…
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Following are the different sources available for financing the receivables:…
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Techniques to monitor the receivables are available on macro basis and micro basis….
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