Cash transaction is when the cash is involved in the transaction, and when the seller or buyer is not mentioned in the transaction or otherwise the name of the supply is not given is the cash transaction. This includes purchase and cash in debit account. Defined the Cash transaction as they oppose of future contact, cash transaction is the immediate movement of exchanging cash.
The Credit transaction is when the word ‘on credit’ or ‘on account’ is given in the transaction, and the name of supplier or buyer is mentioned without the ward ‘cash’ is the credit transaction. The credit transaction concerns to the purchase of goods or services by customers using credit cards.
To business insolvency that is the situation of the ability of paying money is unable, the company must control the dept and they owe. The importances of credit control are cash collecting from continual late clients, risk assessing and also process knowledge gaining.
Finance control can be considered and based on financial statement such as a cash flow statement to make a cash flow forecast, a financial position statement, balance sheet and statement of income. From income statement can help Hotel plan and decide strategies to develop and improve each departments, due to income statement shows the direction of business whether it increased or decreased. And by the knowing of direction of business can be seen whether the strategy is effective or not then can be used for determine
Cash transaction is when the cash is involved in the transaction, and when the seller or buyer is not mentioned in the transaction or otherwise the name of the supply is not given is the cash transaction. This includes purchase and cash in debit account. Defined the Cash transaction as they oppose of future contact, cash transaction is the immediate movement of exchanging cash. The Credit transaction is when the word 'on credit' or 'on account' is given in the transaction, and the name of supplier or buyer is mentioned without the ward 'cash' is the credit transaction. The credit transaction concerns to the purchase of goods or services by customers using credit cards. To business insolvency that is the situation of the ability of paying money is unable, the company must control the dept and they owe. The importances of credit control are cash collecting from continual late clients, risk assessing and also process knowledge gaining. Finance control can be considered and based on financial statement such as a cash flow statement to make a cash flow forecast, a financial position statement, balance sheet and statement of income. From income statement can help Hotel plan and decide strategies to develop and improve each departments, due to income statement shows the direction of business whether it increased or decreased. And by the knowing of direction of business can be seen whether the strategy is effective or not then can be used for determine
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Cash transaction is when the cash is involved in the transaction, and when the seller or buyer is not mentioned in the transaction or otherwise the name of the supply is not given is the cash transaction. This includes purchase and cash in debit account. Defined the Cash transaction as they oppose of Future Contact, Cash transaction is the immediate Movement of Exchanging Cash. The Credit transaction is when the Word 'on Credit' or 'on Account' is Given in the transaction, and the name of Supplier or Buyer. is mentioned without the ward 'cash' is the credit transaction. Credit concerns the transaction to the Purchase of Goods or Services by customers using Credit Cards. To Insolvency business that is the situation of the ability of Paying Money is unable, the Company must Control the dept and they Owe. The Importances of Credit Control are Cash Collecting from Continual Late clients, risk assessing and also Process Knowledge gaining. Finance Control Can be considered and based on Financial statement such as a Cash flow statement to Make a Cash flow forecast, a Financial position statement, balance. sheet and statement of income. From income statement can help Hotel plan and decide strategies to develop and improve each departments, due to income statement shows the direction of business whether it increased or decreased. And by the knowing of direction of business can be seen whether the strategy is effective or not then can be used for determine.
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