Publisher's Synopsis
The 2005 Supplement includes the following:
- New information about credit policies and procedures, the review and processing of credit applications, granting credit, creating and delivering invoices, collecting cash, and managing the credit and collections staff.
- Wide array of collection techniques, methods for managing payment deductions, and a discussion of the factors leading to a decision to outsource the collections function.
- In–depth discussions of the best ways to conduct inventory purchasing, receiving, storage, picking, and shipping.
- Chapter 41A gives an overview of ERP financial systems, particularly in regard to maintaining and upgrading them.
- Chapter 41B addresses a key concern of the controller– how does an ERP implementation impact the accounting department?
