Location

Duration

Date

Fee inclusive of VAT

Course Overview

This Training course provides delegates with the skills necessary to maximise the cash collection effort of their organization.
Cash is the lifeblood of enterprise. Its sourcing and management comprise the single most important endeavour in business.

Course Objective

The role of effective Revenue Collection
The importance of effective billing management processes and the impact of the new VAT legislation
Key collection tools, tips and techniques
How to develop effective collection strategies
How to maximise revenue collection team performance

Who Should Attend?

Collections Team Leaders & Senior Supervisors
Accounts Receivable and Credit Team
Billing Team
Accountants
Financial Controllers

Course Outline

Introduction to financial accounting and revenue collection.
Accounting theories and fundamentals.
Elements of the accounting system for revenue collection.
Double entry method and budget equation
Accounting tab and documentary components in revenue collection.
Balance of audit of revenues and expenses
Cash flows and analysis.
Closing accounts and preparing final accounts for revenues.
Developing skills related to written and oral reporting on revenues.
The quality of information that helps in revenue collection.
Presenting the latest developments in the field of collection and maturity.
Key Collection Tools and Techniques
Developing Effective Strategies to Maximise Cash Collection

Training Methodology

Presentation & Slides
Audio Visual Aids
Interactive Discussion
Participatory Exercise
Action Learning
Class Activities
Case Studies
Workshops
Simulation

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

Upcoming Courses

Project Management Professional - PMP

Preparation for Project Management Professional (PMP) Certification

Strategic HR Management and Competency

This course, Strategic HR Management and Competency-Based Development

Performance Measurement in Government

In today’s evolving public sector landscape, government and pub

Understanding & Implementing Contractu

Designed for professionals engaged in contract execution and oversigh

Process Approach To Risk Management

Definition of risks, issues and associated principles, Risk and issue

Introduction to Project Management

Transportation activities can account for over 70% of an organization

Advanced Communication Skills

Advanced Communication skills for managers are vital and most manager

Basic Concepts of Accounting

This course provides a solid foundation in accounting principles and

Management >> Costing Finance and Accounting

The New Methods & Means to Manage & Collect Revenues

MF162