| Accounts Receivable (AR) Processes, Procedures, and Policies. |
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| Click on the blue button for a summary of information at the site |
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| Websites linked to from this page hopefully will help accounts receivable departments with useful information. |
| Accounts receivable accounting. |
| Credit risk management. |
| Accounts receivable financing. |
| Bad check analysis. |
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| Accounts receivable procedures. |
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| Collection management. |
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| A Yahoo Pipes Search Product Find Information on the Internet About Your Customer Use this Yahoo Pipes Search Product to get information on anyone of your customers. Information provided comes from: a Yahoo Search of the Internet; from social sites Twitter and My Space; from Flickr; and from YouTube. Enter the customer’s company name in the box and click “Run Pipers”. Customer information can be important in making customer-related decisions. Click here to go to this Yahoo Pipes product. Right clicking should lead to being able to open a new window. |
| A Yahoo Pipes Search Product Search for Accounting Standards This Yahoo Pipes Search Product will search the world wide web for accounting standards on the type of business, e.g. transportation or retail, the operation situation, e.g. consignment sales, and any other terms you enter for which you seek accounting standards. This Yahoo Pipes Search Product is designed to use several strings of search terms related to accounting standards. Added to each string are the keywords you enter. The strings are used simultaneously in the search and then the results are fed into the pipe and filtered. Hopefully, this Yahoo Pipes Search Product identifies useful information that would have taken several hours to find by manually searching using Yahoo Search. Click here to go this Yahoo Pipes product. Right clicking should lead to being able to open in a new window. |
| A Management Accounting Information Center article “Finding Vendor, Customer, and Competitor’s Information Using Yahoo Pipes Search Products (2009)” attempts to show how the Internet and mashups can be used to find company information. Please click the home logo at the top left of this page to access this article. |
| A Management Accounting Information Center article “Looking at Customer Locations on a Map with the Use of Yahoo Pipes (2009)” attempts to show how the Internet and mashups can be used to generate maps with useful company information on them. Please click the home logo at the top left of this page to access this article. |
| A Management Accounting Information Center article “A Yahoo Pipes Mashup Product for Use in Customer Servicing (2009)” attempts to show how the Internet and mashups can be used in servicing customers. Please click the home logo at the top left of this page to access this article. |
| The graph below was created using Google’s chart tool.
The horizontal bar graph shows the accounts receivable balance (at the end of the year) as a percentage of sales for 11 business sectors. The data used to create the graph was taken from Internal Revenue Service statistics on form 1120s filed corporate returns for 2008. This data can be viewed on the IRS report “2008 Statistics of Income – Corporation Income Tax Returns” by clicking here (PDF file). Business receipts were used for sales. Allowance for bad debt amounts were subtracted from the accounts receivable amounts in calculating the percentages. Data was used only for corporations reporting a positive net income. The percentages are for all size companies and all subsectors, so represent an approximate benchmark average that companies can use to evaluate their own accounts receivable to sales ratio compared to somewhat similar companies. Subsectors exist for some of the sectors, so a more similar company comparison might be available. |
| The graph below was created using Google’s chart tool.
The vertical bar graph shows the allowance for bad debt account balance (used by companies at the end of the year) as a percentage of sales for 11 business sectors. The data used to create the graph was taken from Internal Revenue Service statistics on form 1120s filed corporate returns for 2008. This data can be viewed on the IRS report “2008 Statistics of Income – Corporation Income Tax Returns” by clicking here (PDF file). Business receipts were used for sales. Data was used only for corporations reporting a positive net income. The percentages are for all size companies and all subsectors, so represent an approximate benchmark average that companies can use to evaluate their own allowance for bad debt account balance to sales ratio compared to somewhat similar companies. Subsectors exist for some of the sectors, so a more similar company comparison might be available. The overall average percentage for all sectors is 0.5%. |
| This vertical bar graph shows how often payment methods were used, as a percentage of the total payments, to pay major customers.
The data for this graph was taken from a 2010 survey conducted by the Association for Financial Professionals titled “2010 AFP Electronic Payments – Report of Survey Results”. Besides the data in the graph, much other useful data and several useful conclusions about payments are in the report. The report can be read by clicking here (PDF file). |