Remove Books Remove Credit and Collections Remove Transactions
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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Inevitably they will need to initiate Collection activities to recover some of this money owed; in other words, contacting delinquent customers and requesting them to pay your firm for goods and/or services provided on credit terms that have become past due. it just might help them pay you sooner!

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Position Your AR to Enhance Working Capital

Your Virtual Credit Manager

Who absorbs any potential bad debt loss — does the lender have recourse to return the AR if they cannot collect it versus a non-recourse arrangement? Who performs the Credit & Collection activities — you or the finance company? Your Virtual Credit Manager is a reader-supported publication.

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Account Assignment in S/4HANA Cloud for Service – working with WBS elements

SAP Credit Management

In this blog post, I would like to demonstrate how the assignment of costs and revenues works in service transactions in S/4HANA Cloud. For the service transactions, we consider only the objects Service Order, Service Contract and WBS elements. 000004 – – R.000004 000004 X – X – – X R.000004 000004 X R.000007

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Debit Note vs Credit Note – What’s the Difference?

TreviPay

In the business-to-business (B2B) world , order and transaction values can be large. Thankfully, there are things a business can do to mitigate the impact – including debit notes and credit notes. Thankfully, there are things a business can do to mitigate the impact – including debit notes and credit notes.

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Accelerate Collection of Receivables: Strategies to Streamline Invoice to Cash

Gaviti

If this sounds like your company, then the best solution is to accelerate your accounts receivable collection so you can turn sales into capital you can actually use to maintain your business. There are many strategies to streamline invoice collection to get the money owed to your company quicker.

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SAP Concur’s Financial Integration Service explained.

SAP Credit Management

In all the API calls, there is a variable called doctype which identifies the type of Financial Transaction you are working with. To help you understand Financial Integration Service APIs, I developed the following Postman collection as an example. that payment has been made for this transaction [ Step 7 ].

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The CFPB section 1071 effective date

Abrigo

Timelines for small business loan data collection and reporting Deadlines for complying with the new CFPB section 1071 rule requirements for financial institutions to collect data on small business loan activities. Takeaway 3 The earliest deadline requires financial institutions to begin collecting data Oct.