GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:12 Mar 21, 2007 |
German to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Raghunathan Rajagopalan Local time: 02:30 | ||||||
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Summary of answers provided | ||||
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4 +4 | Accounts Payable Management |
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3 +3 | Accounts payable management |
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3 | credit control |
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credit control Explanation: "Credit control Definition Methods used by companies to try to ensure their customers settle their accounts within the agreed time period." Only medium confidence as credit control departments don't usually pay bills (the last item on your list).... Reference: http://www.finance-glossary.com/terms/credit-control.htm?gin... |
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Accounts payable management Explanation: Credit control may be interpreted to cover both accounts receivable (debtors) and accounts payable (creditors). I think, we are talking about the management of accounts payable, i.e. amounts owed to the creditors. http://www.lillysoftware.com/software_solution/back_office/a... |
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