The economic activity of any entity generates a complex, diverse and fluctuating system of economic and legal relations with services beneficiaries, product buyers, staff, the state budget, other ...legal entities and individuals. The relationships established in order to achieve the object of activity lead, due to the time gap in the fulfillment of financial obligations, to the appearance of receivables. This paper highlights the concept of receivables through the synthesis of literature, but also the bibliometric analysis, which allows for a clear picture of the extent and quality of scientific research in the direction of the analyzed issue, that is, accounting and receivables analysis. Likewise, the paper sheds light on the importance of the analysis of receivables, having as "raw material" financial-accounting information, or, the adequate management of the size, structure and maturity terms of the entity's receivables will lead to its prosperity.
This paper focuses on one of the components of the working capital requirements, the receivables item, an essential asset in the optimization of working capital requirements. Our research objective ...is to analyze the efficiency of the receivables management at the french pharmaceutical company Sanofi, as well as its role in optimizing the working capital requirement. Fort that, we used the software SPSS to analyse the correlation of the working capital requirements of Sanofi with its components.
This study aims to explore accounts receivable that affect the profitability of credit sales at the Royal Orchid Garden Hotel. This study uses analytical research by reviewing the data on receivables ...and gross operating profit per room at PT Royal Orchid Garden Hotel from 2013 to 2017. The management of accounts receivable turnover does not have a direct impact on hotel profitability, but hotel management strives to achieve sales targets rooms between 40% to 60% as the achievement of reasonable hotel profit. The novelty of this research lies in reviewing accounts receivable based on hotel accounting hospitality Abstrak Tujuan penelitian ini untuk mengetahui kelola piutang yang memengaruhi tingkat profitabilitas atas penjualan kredit kamar dan restaurant di Royal Orchid Garden Hotel and Condominium. Penelitian menggunakan metode explanatory research melalui peninjauan data piutang dan laba operasi kotor per kamar atau Gross Operating Profit di PT Royal Orchid Garden Hotel tahun 2013 sampai 2017. Kelola piutang atas perputaran piutang tidak terlalu berdampak pada profitabilitas hotel namun manajemen hotel mengupayakan pencapaian target penjualan kamar diantara 40% hingga 60% sebagai pencapaian laba operasional hotel yang normal. Kebaruan penelitian ini terletak pada telaah piutang dan profitabilitas berdasarkan akuntansi hotel di bisnis jasa perhotelan.
Purpose: To discover the legal implications of transferring receivables (cessie) without notification to the debtor.
Theoretical framework: The foundation for building a theoretical framework is ...the content of personal finance knowledge in this study, including (i) creditors (cedent), (ii) debtors (cessus), and (iii) credit agreements.
Methods: The research method is that the literature applied to the data normatively consists of primary, secondary, and tertiary legal materials sourced from laws and regulations and relevant literature, which will be described and analyzed systematically. Household heads, as well as secondary data collected from respondents' profiles.
Results and conclusions: The research results were based on Decision Number.127/Pdt.G/2020/ PN.Mks, there had been a transfer of receivables from Co-Defendant I as the old creditor to the plaintiff as the new creditor, which was carried out without the consent of the Defendant as the debtor resulting in legal problems. The transfer of receivables with a cessie mechanism is regulated in Article 613 of the Civil Code, which stipulates that such a handover for the debtor (the debtor) has no consequences except after the handover is notified to him or approved in writing or acknowledged by him.
In the process of carrying out economic activities, each entity engages with various business partners, governmental bodies, personnel, and others. Consequently, the relationships formed often result ...in the emergence of receivables, owing to the time delay in meeting financial obligations related to the sale of economic goods or the provision of advances. The main objective of this research is to comprehensively examine the theoretical aspects related to the concept of accounts receivable, including their definition, classification, and regulation. Additionally, it aims to analyze the normative framework at both the national and international levels, considering economic and legal perspectives. Furthermore, this study encompasses an assessment of scientific productivity, the impact of scientific research, trending topics, and other aspects through bibliometric analysis. It's worth noting that the current market conditions underscore the significance of this research topic, where economic agents have the ability to choose their market and business partners. In this context, accounts receivable play a pivotal role in reflecting the economic and financial situation of both parties involved.
Subject of research are theoretical, methodological and practical aspects of account receivables. Aim of research purpose of the study is a synthesis of scientific approaches to reflect the ...accounting receivables. Work methodology: This work on the study of contemporary domestic and foreign views on the features of the account receivables. Work results: The features of accounting receivables in domestic enterprises. Characterized normative documents regulating accounting receivables in Ukraine. Branch of result application: To ensure the efficient organization and conduct of accounting and analytical procedures for receivables consider it necessary to make changes to P (S)AN 10 «Receivables» and P(S)AN 13 «Financial Instruments» to eliminate discrepancies interpretation of the essence of receivables; clarify the classification of receivables; improve policy management of accounts receivable in the company. Conclusions:One of the most difficult issues of domestic enterprises are receivables and payment problems related to its existence. Most companies have virtually no opportunities to function normally due to the presence of receivables, because it diverts money from circulation. In such circumstances, particularly the role of proper accounting and effective management of accounts receivable, prompt its return, and prevention of bad debt.
Some Aspects in Trade Recеivables Assessment Ilieva, Marinela; Tsonkova, Vanya
Proceedings of the ... International Conference on Business Excellence,
06/2024, Letnik:
18, Številka:
1
Journal Article
Recenzirano
Odprti dostop
One of the most important aspects of operational financial management is related to the management of the working capital of enterprises. A significant portion of this capital is invested in trade ...receivables, which are obtained from deferred sales. On the one hand, nowadays trade credit has a stimulating effect on customer purchases, but on the other hand, incorrect assessment of the creditworthiness of customers and the risk of non-payment (default risk) can negatively affect the financial condition of the enterprise and lead to chain bankruptcies. In the specialized literature on company finance management, the problems of working capital management and risk management of trade receivables are considered in detail. However, the question of the complex assessment of the creditworthiness of customers and the decision on the optimal credit limit remains to some extent insufficiently developed. Summarizing the following key components considered in the literature – 1) overall economic situation, ownership, management and strategy of the company; 2) its revenue and profitability; 3) liquidity and financial leverage; 4) cash flow and turnover, this article focuses on developing and demonstrating the application of an approach to assess the financial condition of customers, to make an adequate decision on credit limit and to avoid the risk of non-payment of commercial loans. The article also presents the results of a descriptive statistical analysis regarding some key financial indicators of Bulgarian enterprises, the credit limits requested by them and the results of applying the presented model.
