Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the two basic control checks we put in customer account under Accounts Receivables?

user-image
Question added by Muhammad Yousaf , Credit Controller /Accountant , Nestle Waters / Al Manhal Water Facotry
Date Posted: 2014/12/06
Ali Hassan
by Ali Hassan , Accounting Reporting Manager , Advance Support Holding Company /Business Gate

Credit limit customers ageing as per credit limit

Muhammad Zeeshan Hyder
by Muhammad Zeeshan Hyder , Chief Accountant , SAED Group International (Al Dabbagh Group)

1- total balance must not be exceeded than the bank guarantee provided by the customer i.e the credit limit.2- ageing of the balances should be according to the credit period decided.

Imran Allaudin
by Imran Allaudin , Western Credit Controller , Al Khorayef Lubricant Company (Castrol)

Credit Limit Hold Order check should enable:-

Over Dues Outstanding check should enable:-

 

Above Both Checks should enable for process any sales order:-

More Questions Like This