This chapter contains background, research problem, research questions, research
purpose, research objectives, scope and significance
Business organizations are organized as profit oriented. They are established to achieve
well organized and set goals and these goals guide it to accomplish certain results. To
achieve such goals, organizations perfo1m some functions which may lead them asce1iain
these goals. In business organization, earning a satisfactory profit usually is an important
goal. The leaders of the organization are required to direct their actions towards the
attainment of these goals. And for me the ways in achieving management of receivables
first is the formulation of credit policy there are guidelines that are followed in managing
credit standards, credit terms and collection eff01i. The objective of this policy is to have
optimal investment in debtors. Second is the credit rating which various characteristics of
the applicant are quantitatively rated and credit decision made on the basis of total score.
Characteristics like marital status, level of education, occupational stability and historical
background. Thirdly, evaluating liquidity of receivable Investors and managers keep a
watchful eye on the relationship among sales, accounts receivable, and cash collections.
If the sales increase, then accounts receivable are also expected to increase. But a
disproportionate increase in accounts receivable might signal trouble fomihly, building a
comprehensive internal control over receivables this facilitates to handle all employees in
separation of duties which finally protect them to make collusion and theft. Fifthly,
monitoring collection, it aids estimation of the timing of future cash inflows, which is
very important to the treasurer's effort to prepare cash budget. It provides information
about the overall collection experience of the company and identifies problem accounts.
GEDI, A (2021). The management and control of receivable and the profitability of financial enterprises a casestudy of qaran express branch, kamp ala, uganda.. Afribary. Retrieved from https://afribary.com/works/the-management-and-control-of-receivable-and-the-profitability-of-financial-enterprises-a-casestudy-of-qaran-express-branch-kamp-ala-uganda
GEDI, ABDIFATAH "The management and control of receivable and the profitability of financial enterprises a casestudy of qaran express branch, kamp ala, uganda." Afribary. Afribary, 11 Jun. 2021, https://afribary.com/works/the-management-and-control-of-receivable-and-the-profitability-of-financial-enterprises-a-casestudy-of-qaran-express-branch-kamp-ala-uganda. Accessed 19 Sep. 2021.
GEDI, ABDIFATAH . "The management and control of receivable and the profitability of financial enterprises a casestudy of qaran express branch, kamp ala, uganda.". Afribary, Afribary, 11 Jun. 2021. Web. 19 Sep. 2021. < https://afribary.com/works/the-management-and-control-of-receivable-and-the-profitability-of-financial-enterprises-a-casestudy-of-qaran-express-branch-kamp-ala-uganda >.
GEDI, ABDIFATAH . "The management and control of receivable and the profitability of financial enterprises a casestudy of qaran express branch, kamp ala, uganda." Afribary (2021). Accessed September 19, 2021. https://afribary.com/works/the-management-and-control-of-receivable-and-the-profitability-of-financial-enterprises-a-casestudy-of-qaran-express-branch-kamp-ala-uganda