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This course will enable you and your organization to manage your accounts receivable effectively without compromising your credit sales.
A sizable share of a company's working capital is tied up in Accounts Receivable (AR) and this poses a high liquidity risk. In this course, we expand your knowledge and expertise in AR. This will enable you and your organization to manage your accounts receivable effectively without compromising your credit sales.
By the end of the course, participants will be able to:
Accounts receivable department managers, credit managers, AR staff, AR and revenue accountants, credit officers, billing and collection clerks, AR specialists, and professionals in accounting, finance, operations and sales who interact with the accounts receivable and credit department.
This course demonstrates theoretical and practical core topics in addition to introducing Excel in managing accounts receivable. The course also features role playing and presentations by participants.
Day One:
Credit Policies Management
Day Two:
The Billing Process
Day Three:
You Made the Sale, It's time to Collect your Money
Day Four:
The Relationship Between Sales and Credit
Day Five:
Accounts Receivable Process Analysis