Professional Documents
Culture Documents
ACCOUNT
MANAGEMENT
AGING OF ACCOUNTS
Once cash loans have been released or merchandise have been supplied,
the accounts are endorsed to the collection management.
The most important and only basis for judging the condition of an account
is its age.
The higher the ratio of the accounts that are current, the better is the
overall health of th accounts.
The older the account gets, the more difficult it is to collect and said
another way, the lesser is the probability of recovering that account.
GROUP 6
Dela Cruz, Angelica
THANK
Rafer, Kween Krizel
Rodriguez, Christine Joy
Tabanao, Erika Bianca
YOU!
Ubana, Mary Joy
Villagomez, Raven