Interested to Buy Any Domain ? << Click Here >> for more details...
What is the method to determine / set the credit limit for
the customer ?
- 3 Answers
- 9743 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / manish.panchal
You can determine credit limit of customer depending upon
previous transaction you had with. Need to consider two
factors. your Payment terms and the day you received your
payment.
If you are dealing for the first time you need to check
market reputation or goodwill of customer. If possible get
MCDB ( Master of Customer's Data Base ) from marketing people.
This are the factors through which you could surely derive
limit for customer.
| Is This Answer Correct ? | 35 Yes | 3 No |
Post New Answer View All Answers
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Tell About ur self what will i say plz help me
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
Explain me how much mathematics knowledge is necessary or required in accounting?
Account for letter of credit in the books?
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
what is the basic difference between pooling of interest method and purchase method in amalgamation
what is your opinion regarding T.V shows on youth
what is the minimum & maximum amount paid by company per day
What is the difference in accounting and marketing and what is so different about them?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
What is royalty reserve?
salary payable deduct tds entry
