Sentences with phrase «of an account receivable in»

«A storm like this could put you in a million - dollars - worth of accounts receivables in a month,» Chaulk says.

It contemplates the use of smart contracts build on Ethereum to facilitate the purchase of accounts receivable in order to finance small or medium enterprises.

You can apply the position of an Account Receivable in government, commercial and non-profit organizations.

Not exact matches

During the credit crunch, alternative lenders — cash advance companies, accounts receivable funders, factors, and micro lenders — took advantage of the slowdown in bank loan volume.

• NewSpring invested in Brown & Joseph, a Itasca, Ill. - based provider of commercial accounts receivable management solutions.

There will certainly be other things that come up in due diligence, but a reasonable outline of how to treat items that fluctuate, such as inventory, liabilities, pre-payments, accounts receivable, and so forth, should be covered.

And that falls far beyond the scope of the folks in accounts receivable.

In addition, we work closely with export development Canada to insure as much of our accounts receivable as possible.

She relies on factoring, a common type of financing for manufacturing - based businesses, in which a company gets upfront cash by selling the factor its accounts receivable (the amounts due from customers).

As of March 31, 2018, the company had $ 39.2 million in net accounts receivable ($ 57.6 million in gross accounts receivable before allowances and reserves) and $ 35.1 million in inventory.

But, if you have too big of a number stuck in your accounts receivable, meaning you don't have the cash yet, that gives you an action item to tackle.

«Assets such as equipment, buildings, accounts receivable, and (in some cases) inventory are considered possible sources of repayment if they can be sold by the bank for cash.

Once an agreement is made, the advance is transferred to the business» bank account in exchange for a future percentage of receivables or credit card receipts.

Inventory financing, along with accounts receivable financing, are two important sources of money that businesses involved in importing products use extensively.

The clear guidelines and monetary limits set down by its insurer regarding accounts receivables makes it simpler for L'Oreal financial and credit managers to nudge the corporate buyers of its cosmetics, hair color and perfumes into timely payments, according to Roy Rabinowitz, senior vice president, tax, at L'Oreal USA in New Jersey.

Infinit Finance and Accounting is at the forefront of providing new answers to your complicated needs, and its experience with accounts receivable outsourcing gives it valuable insights that can provide novel solutions which in turn give stellar results.

Instead, you may have to seek alternative funding options where you would offer accounts receivable, future sales, or a percentage of the company in exchange for the loan.

Not surprisingly, this money is needed because so much of a business's liquidity is tied - up in accounts receivable.

As of March 22, 2013, the company had $ 194 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had $ 89 million of vacation ownership notes receivable eligible for securitization.

I include the cost of these items in my consumer debt, so why wouldn't I include the accounts receivable?

While lenders do not typically require business owners to pledge assets in the form of capital, such as property, they will require the collateral in the form of inventory, accounts receivables, and more.

As of June 20, 2014, the company had $ 197 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had approximately $ 170 million of gross vacation ownership notes receivable eligible for securitization.

A FundThrough invoice - based line of credit means that you can unlock the money in your accounts receivable to fund your next order.

The impact of this receivable will be more than offset in March 2013, or in the end - of - year accounting period for fiscal year 2012 - 13, with the recording of a liability of $ 2.2 billion to Quebec for HST transitional assistance.

This site is designed in the interest of the individual whose responsibility includes attending to business cash flow or anything that has to do with the financial survival and growth of a business such as accounts receivable, payables, sales, purchasing, assets, and general business management.

A phone call can put you in touch with an invoice factoring expert who will work with you and your company to convert up to 95 percent of the face value of your accounts receivables into the working capital needed to solve your cash flow problems.

Trust me when I tell you that the cost of uncollected receivables, filing penalties or interest on late payments, write - offs due to posting errors, impaired management decision due to lack of accurate or timely reporting, improperly processed payroll, and undetected embezzlement will cost you exponentially more in the long run than cost cutting a $ 12 - 14 an hour employee in the accounting office.

Specifically, the complaint alleges that defendants misrepresented or failed to disclose: (1) Barnes & Noble's Nook e-book reader sales had dramatically declined; (2) the Company would shutter its Nook manufacturing operations altogether; (3) the carrying value of the Nook assets were impaired by millions of dollars; (4) the carrying value of the Nook inventory was overstated by $ 133 million; (5) the Company was expecting fiscal 2014 retail losses in the high single digits; (6) Barnes & Noble had over-accrued certain accounts receivables; (7) Barnes & Noble was unable to provide timely audited financial results for fiscal 2013; and (8) the Company might be forced to restate its previously reported financial results.

Most banks will offer term loans and lines of credit, but many alternative lenders offer these products in addition to specialty financing — such as accounts receivable financing, merchant cash advances or invoice factoring.

In other cases, when the solution isn't so simple, consider asking your lender if you are eligible for other types of financing, such as contract, equipment or accounts receivable financing.

As depicted in the table below, the Company ended the last quarter with approximately $ 390 million of current assets including assets such as cash and cash equivalents, accounts receivables, and inventory.

The accounting entries in this case would be to write off and transfer the interest and principal receivable amounts into allowance for doubtful accounts, which is a contra account that reduces the value of receivables on the balance sheet.

There are various percentage handicaps which are applied to the working capital figure (to account for obsolescence of inventory and uncollectability in receivables as well as the nebulous benefit of some other current assets like pre-paid insurance and rent) to arrive at the sum used to deduct liabilities from and arrive at the proper current asset figure used in the equation.

About BofI Federal Bank BofI Federal Bank is a federally chartered, FDIC insured, full - service bank that provides a wide variety of deposit accounts, as well as financing for single and multifamily residential properties, small - to - medium size businesses in target sectors, and select specialty finance receivables.

The balance sheet is as straight forward as the income statement; Cash of $ 600 million, accounts receivable of $ 350 million (about equal to accounts payable), inventory of $ 750 million and fixed assets and other assets of $ 370 million offset by $ 315 million in accrued expenses and $ 670 in net long - term debt.

«Assets such as equipment, buildings, accounts receivable, and (in some cases) inventory are considered possible sources of repayment if they can be sold by the bank for cash.

Trade Credit can be used to finance a portion of a firm's investments in inventory or accounts receivable.

There's about $ 50k in cash and $ 100k of accounts receivable that were accumulated from previous years (ie.

I have looked at note 20 on trade and other payables in the accounts but I am still left somewhat confused as to the magnitude of the discrepancy (there are similar differences between the inventory and receivables lines in the balance sheet and cash flow statement but they not as large).

NENG's Q1 10Q shows an increase in cash, which seems to be largely as a result of reducing accounts receivable and inventories (the «Carrying» column shows the assets as they are carried in the financial statements, and the «Liquidating» column shows our estimate of the value of the assets in a liquidation):

This went to finance an increase in accounts receivable ($ 77 million) and pay down pension liabilities ($ 55 million) as well as the impact of currency translation.

Actually I did forget one thing, partly because I didn't have the new 10K to hand as I was finishing this article — if you look at Note M, ASFI estimates the fair value of their receivables at $ 20 mio higher than their carrying value — another confirmation of their conservative accounting, and another v significant positive in light of their current market cap.

Any auditor in the business longer than a day will be able to tell you wonderful stories about customers who have lost just about every document under the sun, from (kidding you not) the company's share register, list of accounts receivable, large assets (buildings!)

Illinois auditor reports for 2003 - 2009 reveal that a single donor (possibly the same individual as the «Anonymous Donor») contributed the following percentages of outstanding accounts receivable in those years (also see p. 56 of John Mashey's report):

In addition, I suggest distributing monthly to all partners, a tally sheet showing the unbilled time inventory, total accounts receivable, and unbilled time and accounts receivable over ninety days old of each partner - a little peer pressure seems to do wonders.

It also includes the value of time worked, and / or delegated to others, the condition of the partner's accounts receivable and work - in - process inventory, the extent to which he / she properly utilizes other attorneys and other firm resources, etc..

In order to run a business, all of these kinds of tasks — from marketing, to managing billing and accounts receivable, to equipping the office with the right technology, to client care — need to be accomplished.

Other firms attempt to apply peer pressure by publishing lists of lawyers who are dilatory in turning in timesheets, billing clients and following - on accounts» receivables, personal business plans, etc..

Typically, these firms determine the value of the firm, including partners» interests as hard assets plus the value of work in process and accounts receivable less outstanding debts.

This system does not usually work well for a larger or midsized firm as the cost to new partners to buy into the firm becomes exorbitant, since they are expected to purchase a portion of the growth in work in process and accounts receivable that they were responsible for creating.