Who needs credit and collection management and why do they need ccm?

Q: What is easy-access credit?

A: Introduction: The ability to borrow cash or obtain goods or services with expectation of repaying it…

Q: What is a credit memo? Why it is used? Give an example?

A: Credit Memorandum: This is a document by the seller for the reduction in the amount owed by the…

Q: what type of MIS tools are currently being used in Financial management? What MIS Application are…

A: The acronym MIS stands for the management information system. In terms of finance, this system…

Q: What should be in the credit file

A: Following is the contains in credit file

Q: what is credit management

A: Credit Management is a process wherein terms and condition for providing loan is decided, what is…

Q: How is a credit check in the advanced technology system fundamentally different from a credit…

A: Definition:   Credit check: Credit check is defined as the process of examining the financial…

Q: ow to record credit sale in an entrie?

A: Credit sales mean the amount which is delayed to paid but agreed to pay in future by the consumer.

Q: Credit and collection management is also known as RCM. What is RCM and its meaning

A: credit and collection management is that term mostly used in the accounting for goods and services…

Q: What are the main definitions of credit facilitation, billing and invoicing, remittance processing,…

A: Credit facilitation-Credit facilitator refers to a person in the CFP Online System who is designated…

Q: how is credit check in advance technology is different from credit check in basic technology

A:

Q: desrcibe credit card security and why its imporant

A: Credit Card Security: A form of credit card known as a secured credit card is one that requires the…

Q: What are finanicial transactions?

A: Transaction process system: It is a transaction process system can be defined as a system which is…

Q: what is credit transactions?

A: credit transactions:-    Credit transaction is a transaction of which the repayment of money loaned…

Q: What is the objective of having a control system and what is the key points of a credit control…

A: Internal control:   Internal control can be defined as a process to ensure achievement of the…

Q: What is line of credit?

A: Introduction: Usually, the word loan refers to a form of credit facility where a certain amount of…

Q: How a credit check in advanced technology system different from a credit check in basic technology…

A: Credit Check:   Credit check is defined as the process of examining the financial behavior of a…

Q: What is a credit memo? When is it used?

A: Credit memo also known as credit memorandum or credit note  Credit memo is issued by the seller of…