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Collection policy |
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Collection policyProcedures a firm follows in attempting to collect accounts receivables.Collection policy Similar MatchesData CollectionData CollectionGathering facts on how a process works and/or how a process is working from the customer's point of view. All data collection is driven by knowledge of the process and guided by statistical principles. Average collection period, or days receivablesAverage collection period, or days receivablesThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365). CollectionCollectionThe presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash. Uniform Rules for CollectionsUniform Rules for CollectionsInternational Chamber of Commerce rules on the handling of documentary and clean collections. CollectionCollectionThe series of steps a lender takes to bring a delinquent mortgage up to date. Further SuggestionsCollection floatCollection period Documentary collections |
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