Factoring services, Managerial Accounting

Assignment Help:

Factoring Services: All subsequent services are offer through the factor apart from the core service of purchasing receivables.

1)    Sales credit management and Ledger administration

2)    Credit collection and protection against bad and default debt losses

3)    Financial accommodation against the allocated book debts as receivables.

In addition to these services the subsequent services are also being provided through the factor

1)    Providing information regarding prospective buyers

2)    Providing financial counseling

3)    Assistance in sickness prevention and liquidity management

4)    Financing acquisition of inventories

5)    Giving assistance for opening letter of credit for the client.


Related Discussions:- Factoring services

What rights do the stockholders have, When forming a company, the options a...

When forming a company, the options are sole proprietor, partnership, and corporation. Most choose corporation. Why is the corporate form seen to be best? What rights do the stockh

Transient analysis-absorbing state, Transient Analysis A state is said...

Transient Analysis A state is said to be transient if it is impossible to move to that state from any other state except itself. This state is temporary and eventually a stead

Explain about intra company transfer pricing, Intra company transfer pricin...

Intra company transfer pricing A company engaged in production may have several segments division or departments doing production jobs or manufacturing party or fully finished

Total annual inventory cost , Ross White's machine shop uses 2,500 brackets...

Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant by the year. These brackets are purchased from a supplier 100 miles

Costing and Budgetory Control, Given budgeted figures and actual, then anal...

Given budgeted figures and actual, then analyses each fixed cost into its components

Budget and Budgetary Control, I am to write thesis on Budget and Budgetary ...

I am to write thesis on Budget and Budgetary Contro. Can you please help me with contents and notes?

Assigment, taking the role of a consultant, discuss the factors you would c...

taking the role of a consultant, discuss the factors you would consider in selecting a suitable accounting system solutio for a small to medium enterprise. i has to be 1200 q\work

Define material usage variance, Material usage variance Difference amon...

Material usage variance Difference among standard quantity of material and actual quantity used is the material usage variance. This variance arises due to: Economic use of

Explain support activities and production process activity, Explain Support...

Explain Support activitiesand production process activity Support activities are for example schedule production set up machine purchase materials inspect item customer orde

What are the elements of cost, Elements of cost: 1. Material: the sub...

Elements of cost: 1. Material: the substance from which the product is made is known as material it may be in a raw or a manufactured state. It can be direct as well as indir

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd