PLEASE HELP !!!

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:08AM in AAT student discussion
Hi all,<BR>Im looking for a answer to the following question if any of you can help it would be greatlly appreciated.<BR><BR>Credit insurance through a whole turnover policy<BR>Factoring<BR>How each of these two methods may improve credit control. Principle that involves in each method, who will be involved in its operation,the effect on customer relationship,the impact on cash flow and the effect on the company's financial statement.<BR><BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    PLEASE HELP !!!

    Panicbox,<BR><BR>Try having a look at this website might give you a few pointers<BR><BR>www.bizhelp24.com<BR><BR>With credit insurance the insurer will generally want to see your credit policy and previous bad debt history. If they insure you it stands to reason that you will have a good policy in place if not they may point you in the right direction before insuring against bad debt.<BR><BR>Factoring will improve cash flow but how much of a cost would it be. Think about ratios when looking at the financial statement aspect. <BR><BR>Hope this gets you giong in the right direction.<BR><BR>Regards<BR><BR>Eddy
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PLEASE HELP !!!

    <BR>Thanks Eddy. Thanks 4 ur help and the website address.

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