BY:RUBY JAIN

SHILPA TYAGI
PREETY SARAUT

MEANING AND DEFINITION OF
RECEIVABLE


Accounts receivable, or customer
receivables, represent money a
company expects from clients after it
delivers goods, performs services or
does anything else in between that a
contract called for.
Receivables arise only out of credit
transactions because cash-on-delivery
deals typically call for immediate
remittances or advance payments. If a
customer doesn't pay on time, the client's
receivable becomes bad debt and ultimately
goes into the "accounts to write off" category
if corporate credit managers deem the
money noncollectable.Receivables also
called accounts receivable,trade
receivable,customer receivable or book
debts.

IMPORTANCE OF
RECEIVABLES
MANAGEMENT

a)Size of credit sales
b)Credit policy
c)Terms of trade
d)Expansion plans
e)Relation with profits
f)Credit collection efforts
g)habit of customers
h)bill discounting and endorsement
i)Stability of sales