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Accounts receivable conversion: Should you do it?

โœ Scribed by Lanny Latham


Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
33 KB
Volume
16
Category
Article
ISSN
1044-8136

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โœฆ Synopsis


Abstract

Does your company receive high volumes of consumer check payments through the mail? If so, your firm might benefit significantly from accounts receivable conversion. But how do you tell if it is really right for your company? The author has some answers. ยฉ 2004 Wiley Periodicals, Inc.


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โœ Hurtt, David N; Kreuze, Jerry G; Langsam, Sheldon A ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 104 KB

Converting your firm's traditional pension plan to a cash balance plan will reduce pension expense. It will also help you attract younger, more mobile employees, since the plan is portable. But you'll be penalizing older employees for their loyalty to the company. Instead of receiving their traditio