Accounts Receivable (AR) Question:

Download Job Interview Questions and Answers PDF

What are the components or materials used by Accounts receivable departments?

Accounts Receivable Interview Question
Accounts Receivable Interview Question

Answer:

Accounts Receivable department is very important department of the company. The responsbilities of the department is approval of credit limit to the customer study the past history of customer credit sending invoices to the customer updation of the customer credit data factoring contacts with the factoring agents follow up of customers motivating the customers to pay the dues intime and communicating the information to the management. Credit sales data estimation of credit sales for the future period request for funds to finance department whenever they required follow up of customers receivables management.

Download Accounts Receivable Interview Questions And Answers PDF

Previous QuestionNext Question
Explain What is the difference between debenture holders and creditors?How to define Inter company Transaction in Account Receivable?