Over 80% of businesses typically chase a customer between one and four times just to get a single overdue invoice paid, the research found.

These two ratios appear in the current assets category of a business's balance sheet. Accounts receivable turnover indicates how effective a company is at collecting on debts owed to it.

The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets on ...

However, some accounts still require a minimum opening deposit or only waive monthly fees if you maintain a certain balance. Fortunately, there are many free checking accounts with no deposit ...

The Central Bank of Nigeria (CBN) has instructed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their ...

This is disclosed in a circular entitled, ‘Guidelines On Management Of Dormant Accounts, Unclaimed Balances And Other Financial Assets In Banks And Other Financial Institutions in Nigeria’ and signed ...

For balances above Rs 50 lakh, the interest rate being offered was 4.00%. Also read: To avoid new TDS on interest above Rs 1 lakh how much should senior citizens invest in bank FD Interest payments on ...

A hallmark of good business management is the ability to utilize working capital management to maintain a solid balance among ... and management of accounts receivable and accounts payable.

The Controller’s Office maintains a non-student centralized accounts receivable system within Oracle Financial Cloud software. Accounts Receivable provides departments who invoice external customers ...

Read our full Axos Bank Review. You’ll earn 0.50% cash back on signature-based purchases if your daily account balance is below $1,500 and 1% cash back if your account balance is above $1,500.