PPT-Non-Student Accounts Receivable

Julie Justice East Carolina University NonStudent NonPatient AR NonStudent Not billed through Cashiers Office NonPatient Not billed through Division of Heath Sciences Depositary Services HSDS. 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. 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. Nature of financial instruments. Cash. Receivables. Recognition of accounts receivable. Valuation (the doubtful accounts issue). Disposition of accounts receivable. Notes receivable. Notes payable. 1. Nature of financial instruments. Notes Receivable. and Interest Revenue. Receivables. Premise. :. Receivables. Premise. :. When you extend credit to customers…. Receivables. Premise. :. When you extend credit to customers…. you know some customers won’t pay.. 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. . Chapter 6. Learning Objectives. After studying this chapter, you should be able to:. Describe the common classifications of receivables. Describe the nature of and the accounting for uncollectible receivables. Chapter 7. Copyright © 2016 McGraw-Hill Education.  All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Wild, Shaw, and . Chiappetta. Financial & Managerial Accounting. 9. Learning Objectives. Explain how companies . recognize accounts . receivable.. Describe how companies . value accounts . receivable and record . their disposition. .. Explain how companies . recognize notes . 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. . Accounts receivable (AR) automation assistances corporations improve their consumer invoicing and payment processes. It aims to ensure that consumer’s remuneration for the goods or services they utilized. IMAS. 1. Working Capital management of Receivables. Why do companies grant credit?. Cost associated with granting credit. IMAS. 2. Objective . The objective of receivables management is to make . sound decisions as regard to investment in debtors..