Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

If a company management likes to provide the access of accounts receivable (subsidiary ledger) to their sales managers. Explain the merit and demerit?

Accounting Accounts Receivable Certified Internal Auditor Credit Control Financial Analyst
user-image
Question added by Abdul Qayyum Mohammed , Sales And Marketing Manager , Zafar Naji Al-Muthlaq Contracting Establishment
Date Posted: 2014/12/06
Upvote (0) Views (5) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Deleted user
by Deleted user , Accountant , Doha Financial and Brokerage Services

 Control should be  emphasized on read only access as part of Internal control.

Merits: Sales team can keep a record and be updated of receivables and might not require further monitoring for the same.

Demerits: Arousal of  disputes in colleagues with regard to keeping track of other's receipts and clients.

 

Write Your Answer
More Questions Like This