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Accounts Receivable/Billing Fundamentals
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Description: Our Accounts Receivable/Billing Fundamentals (U.S.) test is part of our accounting fundamentals line of tests. These shorter (30 item) tests measure your knowledge of processing receivables and invoices. Designed for accounting clerks and others who handle the processing of accounts payable, this test covers the following topics: A/R Principles, Applying Cash, Bad Debt/Collections, Cash Flow, Credit, General Ledger, Invoicing, and Reconciliation of Customer Accounts. You will need a calculator when taking this exam.
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- A/R Principles
- Concepts
- Internal Controls
- Applying Cash
- Full Payments
- Partial Payment
- Special Situations
- Use Of Credit Cards
- Bad Debt/Collections
- Accounting For Bad Debt
- Collection Agencies
- Contacting Customers
- Cash Flow
- Effect Of Policies On
- Forecasting
- Strategies For Improving
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- Credit
- Contacting References
- Credit Terms
- Reading Customer Reports
- Understanding Outside Credit References
- General Ledger
- Applying Sales And Cash To General Ledger
- General Understanding
- Invoicing
- Calculating Discounts
- Partial/Progress Billing
- Product Invoicing
- Service Invoicing
- Shipping And Tax
- Special Situations
- Reconciliation Of Customer Accounts
- Reconciliation Of Customer Accounts
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