Aging accounts receivable means classifying each receivable according to its age. An aging schedule for the accounts receivable of Solarwind Company is illustrated below...
An aging schedule is useful to management in reviewing the status of individual accounts receivable and in evaluating the overall effectiveness of credit and collection policies.
An example of a loss contingency that usually meets these criteria and is recorded in the accounts is the estimated loss from doubtful accounts receivable.
Based upon past experience, the credit manager estimates the percentage of credit losses likely to occur in each age group of accounts receivable.
一些可怕而让人恼怒的事是计算机系统反复地发送给用户金额为0的支票，或数字为957 142 039.58美元的账单。当这种事件发生时，我们认为系统应该提醒收账或付账部门的人，特别是频频发生时，但是多数信息系统却很少具有常识。
Horror stories also abound of customers offended by computer systems that repeatedly sent them checks for $0.00 or bills for $957,142,039.58. One would think that the system might alert a human in the Accounts Receivable or Payable departments when an event like this happens, especially more than once, but common sense remains a rarity in most information systems.
Article Receivables and prepayments shall include: notes receivable, accounts receivable, other receivables, accounts prepaid and prepaid expenses, etc.
Are accounts receivable maintained independently of cash receipts and disbursements functions?
A: Many ratios such as accounts receivable to debts owed can tell you quickly if you are succeeding or not.
It stresses the inner control to the currency hinds and the accounts receivable inner control of account receivable.
Companies which product unsalable inventory decline, asset impairment and increase in accounts receivable and so on.