1 Sales v Credit Sales people often view the credit department as an obstacle to overcome in getting a sale.

2 Nor were hire purchase, conditional or credit sale transactions involving over ￡2,000.

3 This did not apply to credit sale agreements for under ￡30.

4 This is where goods are taken on hire purchase, credit sale or conditional sale terms.

5 Rather than allowing credit sales, upstream suppliers are asking for one-time cash payments before shipping goods out.

6 With the continuous developing of market economy, credit sales methods are universally adopted by corporations in modern times.

7 When enterprise establishes credit sales policy, it can control the rate of an account sale and days of an account sale of different customers to control risk.

8 Firstly, the paper introduces credit sales and the feature of its business process, and introduces the present advanced whole credit management model in detail.

9 A year later unpaid bills amounted to ￡590 on credit sales of ￡1,300.

10 For example, if a firm charges the same price for both cash and credit sales, offering credit is in effect a price reduction.

11 Larger businesses often have a credit department which establishes credit policies and approves or disapproves individual credit sales.

12 The SME in western countries can keep the extremely low bad account rate in a high proportion of credit sales, because they have already established a perfect credit system.

13 Under the heavy market competition pressure, domestic engineering machinery manufacturer want to explore and launch the new credit sales mode.

14 It is the necessary requirement for market economy's developing to make the enterprise credit sales and receivables.

15 To illustrate, assume that a company's past experience indicates that about 2 % of its credit sales prove to be uncollectible.

16 Actual bank fees are determined by the volume of credit card transactions, total dollar amount of credit sales, and how well the merchant can negotiate.

17 Based upon past experience, the uncollectible accounts expense is estimated at some percentage of net credit sales.

18 This approach of estimating uncollectible accounts receivable as a percentage of credit sales is easier to apply than the method of aging accounting receivable .

19 Generally, sales produce some cash inflows from customers, including both cash sales and collections of the accounts receivable from credit sales.

20 The investment in accounts receivable results from a firm's credit sales, and its level indicates the extent to which its credit and collections policies are used to stimulate sales.