Most businesses extend credit to others, whether that means making sales on credit to other businesses, loaning money to their officers, or loaning money to their vendors and employees. The act of extending credit is backed by some good business reasons,... 

The accountant is usually in charge of granting credit to customers, as well as collecting funds from them. These basic responsibilities give rise to a number of fundamental credit management tasks. One among the credit management task, collection is... 

Payment deduction are one of top annoying issues for a controller when the number and frequent is racking up, and it becomes an irritating problem when they are passed from person to person within the company without ever reaching resolution. The usual...