A certain business receives all payments of account by check Checks are always received, so an analyst wants to use the checks themselves as posting media to the accounts receivable ledger rather than have to prepare and process remittance advices Discuss the conflict between productivity and relia...

The extra clerical effort required to prepare remittance advices incr ...

A certain business receives all payments of account by check. Checks are always received, so an analyst

Question:

A certain business receives all payments of account by check. Checks are always received, so an analyst wants to use the checks themselves as posting media to the ledger rather than have to prepare and process remittance advices. Discuss the conflict between productivity and reliability that is inherent here.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...