Accounts Receivable Manager Career Guide and Counseling

Question: how is the accounts receivable aging in SAP, is useful to sales manager? discuss the information how might accounts receivable aging report in SAP be used by the sales manager, the credit manager or by the accounts receivable manager? Give examples of how this information might be used and under what circumstances. If you were one of these managers, what other reports concerning accounts receivable might you find useful and how would you use them? Be specific.

Answer: You can stop selling to the deadbeats. Do the rest of your homework yourself. Any software company that thinks ABAP is a programming language is full of beans.

Question: When you work at a hotel, what is accounts receivable? The manager as me if i've handle accounts receivable before.

Answer: In accounting you have accounts payable and accounts receivable. A/P they pay all of the bills that are associated with the business. A/R they receive the money that is paid to the business. You make the bank deposits. When someone comes to stay at the hotel, they will be charged XX dollars per night to stay at the hotel. They will pay by check, credit card or cash. At the end of the day you have to balance the ledger sheet to make sure that all transactions are in balance. If the hotel rate is $100 per night and ten people checked in, you should show that the hotel is owned $1000. Some people paid cash, some charged their credit card. The two together should show that you collected $1000 for that day. . ALWAYS BE HONEST--No I haven't but I am willing to learn new skills so I can become more valuable to this hotel.

Question: How common are fraudulant money orders with safeway money gram? My mom began working from home as an accounts receivable manager. She received some monney orders that seemed suspicious, we called them in and sure enough they were not legally purchased.

Answer: I also had such a problem... every money order, travelers check and such needs to be called in, if she deposits these into her acct, she is held liable financially and criminally for each bad check. Mine were American Express Travelers Checks!!!! Good thing I checked them out... It was $4000

Question: If manager instructer the bank's computer programmer use 365 day year to computer interest depository accounts? payables intructer the programmer to use 360 day year to compute interest on loan receivable and in depository accounts payables is behaving in a professionl manner the manager?

Answer: The programmer should determine whether the contract calls for calculating interest on a 360 basis or a 365 basis. Either is legal. It's just what the contract says.

Question: What field (outside of retail) is a good match for an experienced retail manager? Been a retail manager for 18+ yrs and I am researching a new career path. Some areas of interest are medical coding, human resources and accounts receivable. Do not want to spend $10,000+ on trade school education. Any help or suggestions?

Answer: Well Steph, you also have to consider you're going to be typecast by many employers, & your age is working against you> the closer you get to 40, the harder it becomes to start over. Most employers will be able to find workers for less than what you need to live. on > or at least think that. As to your choices, HR is usually the first department to be cut in tight times, as companies are not looking to take on any new employees. My sister does medical coding from home, & it works for her. You have to have either some endorsements or certifications before most hospitals will look at you. The government is constantly auditing your work, & you have to read charts written out by physicians > not always the most legible scribblers out there. Accounts receivable would normal require some previous experience & course work in accounting & computers. Given your people skills, I was wondering if maybe selling something wouldn't be feasible? Perhaps a product or service where you'd feel is a benefit to someone? Autos > especially the luxury models > pay decent commissions. And the high end merchandise does seem to do well in any economy > jewelry, yachts, real estate > to name a few.

Question: Has anyone ever received emails to work as an accounts receivable at home for certain companies? Here's a copy of the email. I want to know if it's legit? And if anyone has tried it before? I've also received other emails like this but from Ashley Furniture. Graybar Electric Co. Inc Career Opportunities Interested Applicant: We are currently seeking 24 part or full time employees for our ever-growing Accounts Receivable Department. Through extensive demographic research, we have discovered a wealth of untapped human resources that, for one reason or another, need the freedom to work from home. If this sounds like you, please read on, and consider becoming part of our company family. Graybar Electric Co. Inc is a leading $3.2 billion global electrical supplier that has grown from our original 5 North American manufacturing facilities since our founding in 1994, to 27 global locations serving over 100 customers in 12 countries. Due to our wide and varied interest, as well as ever increasing overhead, we have found it necessary to have our clients prepay for orders, whether in part, or full. Since the majority of our clients are overseas, most of our cash flow comes in the form of certified checks or money orders, payable in US Funds. The position of Accounts Receivable officer entails the following duties: coordinate payments from our clients, receive payments, process payments at your local bank, and forward 90% of funds received to the proper branch office, as instructed. The remaining 10% is your compensation. Since this position is need-based, you will have plenty of free time while enjoying a good income. If interested, please reply with full name, full residential address, phone numbers, and email address, so that one of our Human Resource Managers can contact you for an interview. Please specify the best way to contact you in your reply email or phone. We appreciate your interest in Graybar Electric Co. Inc! Robert A Reynolds, Jr.Chairman & CEO,Graybar Electric Co. Inc 8000 W Florissant Ave,St Louis MO 63136

Answer: This is a total scam. Just read it closely,no employer is going to let you take accounts receivable and let you keep a portion of it for payment with out going through company payroll.

Question: What jobs am I qualified for? I am an office manager for a Fuel wholesale dist.? I currently do things like accounts receivable, billing, cardlock billing, collections, I control all the networking and software purchases(but no formal training) answer phones, emails, all kinds of misc. projects, I do quite a bit of computer stuff for the Convenience stores. I have some college for accounting. I am looking into getting out of fuel business. I have been doing this for 10+ years and need something different.

Answer: Accounting department at a small / mid size company sounds like a real possibility. Some accounting with strong experience is a good combination. If all the intangibles are there, you can certainly find an accounting job.

Question: Hired by company through staffing agency? I'm currently working for Honeywell, which is a big corporate business through a staffing agency as a pricing analyst/accounts receivable clerk. The manager of my department said he would hire me permanently when I graduate in december and get my associates in accounting. I currently make 16/hr through the agency. If I get hired, how much would I be looking at as far as salary? Over 40,000? Anyone in the same situation?

Answer: More than likely 45 k plus benefits. Congrats on the job.

Question: Help! Executive Summary? I need to write an Executive Summary for an Accounts Receivable Manager. I need to introduce the human resources management materials needed and Make a case for how these steps support my organization's strategic plan. Any suggestions?

Answer: You need to write the report FIRST before making the executive summary. Answer the following questions: - What are the human resources management materials needed? - Why are these materials needed? - What other options do we have? - What are the benefits of getting these materials instead of others? - What other materials could we get? - Why are the others not a good option? - What are the risks of going with your proposed materials? - What is the cost? - What is the conclusion? That's what your report should look like (Roughly)... Your executive summary is a brief narrative of the report. Keep it to one page please.

Question: The president, vice president, and sales manager of Moorer Corporation were discussing the company's present c The vice president, however, suggested that a better alternative to easier credit terms would be to accept consumer credit cards such as VISA or MASTERCARD. She argued that this alternative could increase sales by 40%. The credit card finance charges to Moorer Corporation would be 4% of the additional sales. At this point, the president interrupted by saying that he wasn't at all sure that increasing credit sales of any kind was a good thing. In fact, he suggested that the $37,500 of uncollectible accounts receivable was altogether too high. He wondered whether the company should discontinue offering sales on account. With the information given, determine whether Moorer Corporation would be better off under the sales manager's proposal or the vice president's proposal. Also, address the president's suggestion that credit sales of all types be abolished.

Answer: This question sounds like an MBA prof with too much time on his/her hands and I really can't take it seriously. It is a simple P/L analysis unless the president has a rub against cc companies as a whole. The companies BIG PROBLEM is NOT cc sales, but having the staff that can determine a good sale from a bad one. If you have been scammed by BAD CC sales it is YOUR PROBLEM to solve intermnally and NOT a cc problem. Get REAL, Jaques