O'Reilly logo

Accounting Best Practices, Fifth Edition by Steven M. Bragg Englewood, Colorado

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Credit Issues

7–26Create a credit policy
7–27Modify the credit policy based on product margins
7–28Modify the credit policy based on changing economic conditions
7–29Modify the credit policy based on potential product obsolescence
7–30Preapprove customer credit
7–31Create standardized credit level determination system
7–32Require a new credit application if customers have not ordered in some time
7–33Review the credit levels of all customers who stop taking cash discounts
7–34Call new customers and explain credit terms
7–35Verify customer locations from reverse phone records and satellite photos
7–36Issue a payment procedure to customers
7–37Join an industry credit group
7–38Refer a potential customer to a distributor
7–39Require intercorporate guarantees
7–40Obtain credit insurance
7–41Shorten the terms of sale

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required