Accounts Receivable Questionnaire (cont'd)
FORMS CONSIDERATIONS - STATEMENTS
1.
How many accounts in ledgers?
(a)
Total active
(b)
Total inactive
(c) Does total fluctuate or remain static?
(d) How are they coded?
2.
Open item or balance forward?
3.
What percent of customers pay by:
(a) Statement?
(b) Invoice?
(c)
Time pay?
4.
How many statements mailed?
(a)
Total
(b) Weekly
(c) Monthly
(d) Are they mailed to all accounts?
5.
If time pay is allowed, explain circumstances.
6.
Do statements show:
(a) All transactions for the month?
(b) Open items only?
(c) Aged balances only?
(d) Aged transactions?
7.
Any objection to aged balances only, with no reference?
8.
What description shows on statement?
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