PPT-Accounts Receivable Automation Market Insight 2021

Accounts receivable AR automation assistances corporations improve their consumer invoicing and payment processes It aims to ensure that consumers remuneration for the goods or services they utilized. Receivables, Bad Debt Expense, and Interest Revenue. PowerPoint Authors:. Brandy Mackintosh. Lindsay . Heiser. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. General Ledger. - . Where does everything come from. Trainer:. David Michael. Title:. Accounting Trainer. Phone:. 877-359-5492 . Ext: 1225. Email:. dmichael@tenmast.com. What will we cover?. Overview of Integration – what modules post to the Ledger. Understand cash and accounts receivable from a business perspective.. Define financial assets, and identify items that are considered cash and cash equivalents and how they are reported.. Define receivables and identify the different types of receivables from an accounting perspective.. Chapter 5. Summary. Short-Term (Trading) Investments. 3 Transactions. Initial purchase. Period End Adjustment. Sale of Investment. Reporting ST Investments. Year of Purchase. Balance Sheet. Market Value of Investment. Chapter . 6. Cash. and Receivables. © 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.. Intermediate. Receivables, Bad Debt Expense, and Interest Revenue. PowerPoint Authors:. Brandy Mackintosh. Lindsay . Heiser. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. Chapter 8. Joudrey. Subsidiary Ledgers. A growing firm will have a rapid increase in the number of customers who will purchase goods or services on account. Accounts must be kept for each customer so the firm can keep track of who owes them money and in what amounts. If this company were to list all of these on their financial statements (balance sheet) it would be very lengthy. . 9. Learning Objectives. Explain how companies . recognize accounts . receivable.. Describe how companies . value accounts . receivable and record . their disposition. .. Explain how companies . recognize notes . Acct 2210 . Chapter . 7. (Omit . pg. 370-373). McGraw-Hill/Irwin. McGraw-Hill/Irwin. Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.. Explain how the allowance method of accounting for uncollectible accounts affects financial statements.. BE 8-2, p 427. REPORTING AND ANALYZING RECEIVABLES. Accounting. , Fifth Edition. 8. After studying this chapter, you should be able to:. Identify the different types of receivables.. Accounts Receivable accounting issues:. Sales Rep. Credit Manager. Credit Check. Credit Report. Credit Reporting Agency. Credit Rating or Credit Score. Credit Limit. Making Sales on Credit. Making Sales on Credit. Accounts Receivable Sub-Ledger. 16th . Edition. Kieso . ●. . Weygandt . ●. . Warfield. . Indicate . how to report cash and related items. .. . Define receivables and understand accounting issues related to their recognition. . LO. 1. Explain the purpose of the allowance method for recording losses from uncollectible accounts.. LO. 2. Estimate uncollectible accounts expense using an aging of accounts receivable.. LO. 3. Sales and Collection Cycle:. Accounts Receivable. Chapter 15. Learning Objective 1. Describe the methodology. for designing tests of details. of balances using the. audit risk model.. Accounts Receivable Balance-Related Audit Objectives.