Cash flow from payments delayed by late billings or deposits. Revenues, collections and receivables are Errors in transaction postings to detail properly accumulated, classified and or control accounts not detected in a timely summarized in the accounts. manner. Problem accounts do not receive prompt attention, resulting in revenue or cash-flow loss.
Cash flow from payments delayed by late billings or deposits. Revenues, collections and receivables are properly accumulated, classified and summarized in the accounts. Errors in transaction postings to detail or control accounts not detected in a timely manner. Problem accounts do not receive prompt attention, resulting in revenue or cash-flow loss.