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The Advantages and Disadvantages of Factoring
The factoring services consist of four main functions: Finance for the supplier; the factoring company pays the client the amount necessary for his working capital, in exchange for his invoices. Maintenance of the receivables...
2 commentsLate Payment, Short Payment, Non-Payment - How to Fight Back and Win
However smoothly the defaulting company accountants may dress their message, late, short or non-payment is theft. In extreme cases it can even degenerate to slavery.
23 commentsMassage Therapy Documentation and Software for a Successful Practice
Learn how to grow your massage therapy business with specialized documentation including intake and consent forms, invoices, and insurance billing.
Main Types of Factoring
Factoring in its full form, or traditional factoring, is a continuous relationship between a factor and the client (the supplier of goods and services to trade customers), in which the factor purchases substantially all the trade debts of his...
6 commentsMajor Documents needed in Connection with Export Transaction
Major Documents needed in Connection with Export Transaction. Documents related to goods, Documents related to shipment, Documents related to payment. Mate's receipt, Shipping Bill, Bill of lading, etc.
10 commentsHow to Effectively Manage Accounts Receivables
photo courtesy of dier madrid @ flickr.com Accounts Receivables can include setting up new customers, maintaining customer account information, invoicing as needed, compiling and distributing monthly...
2 commentsHow to Collect Late Payments from Customers – Getting Paid without Burning Bridges
One thing many business owners dread is dealing with unpaid invoices and collecting money from customers. If you're lucky, your customers pay on time or as close to on time as possible. But chances are, you've come across or will come across an...
11 commentsHow to Print an Amazon.com Receipt: Invoice For Warranty and Rebate
Amazon.com does not offer receipts like you would get at a regular retail store. When you need to print a receipt for a warranty claim, it can be confusing. Right on Amazon's site you can find "If you need a receipt to enclose with the form, print...
2 commentsMINI CASE: DELAYED COMPLETION
An edible oil unit was completed with a delay of three years. Total cost at the time of completion was Rs.25 million as shown below: As budgeted cost was only Rs.18 million, the Project Manager was asked to explain. He said with an...
26 commentsConsumer Beware of Shopping Scams
We all find ourselves visiting stores on a regular basis. Whether it is to by groceries, clothes, medicine, a ladder, etc..... The point is, we all shop and spend money. Most of the time the public is...
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