Credit Management & Credit Controllers Training Package

Enrol today and learn in your own time!

This training course will take you through important aspects of managing credit from assessment, weekly and monthly management and enforcement of sound credit risk principles and how they apply when using MYOB AccountRight, MYOB Essentials and Xero Accounting.

  • 3 Hours (3 CPD Points)
  • Training Material
  • Reference Articles
  • Examples of contracts

Description

Topics in this Credit Controller Training Course program

Assessment & Risk Management

  • Deposit Payments
  • Credit Applications
  • Terms of Trade
  • Reservation of Title
  • Liability and Warranty
  • Credit Risk for Tradies

Daily and Monthly Credit Risk Management

  • Quoting and Invoicing
  • Payment / Credit Terms
  • Accounts Receivable Reports
  • Delinquency
  • Late payments and Followup
  • Security

Debt Collection and Enforcement

  • Debt recovery process
  • Value of risky debt over time
  • Bad debts
  • Security and Liens
  • Enforcing a payment
  • Litigation and Court

Who is this course for

Many small business take huge credit risks by performing work without taking a deposit or security. Some organisations don’t setup proper terms of trade and ask their customers to agree to them before performing work. This course is designed for

  • accountants,
  • bookkeepers,
  • office admin and
  • junior accounts staff
  • business owners

Anyone who wants to implement good credit management processes within their organisation should complete this course.