Assignment Detail:- Assessment Part: Debtor Management Project
Part summaryThis assessment task requires you to review and evaluate financial management processes in relation to debtor management and to ensure Grow Management's financial due diligence-
This task will be completed in the simulated work environment at your RTO-Required• Computer with Microsoft Office and internet access• Aged Debtor SummaryComplete the following activity:
1- Write a debtor management report-Review the Aged Debtor Report, noting that the company's usual terms are payment 10 days from invoice-
Using the Internet, research best practice debtor management and make notes on your findings-
Your report should be approximately 1 page-
Provide a report for your CEO based on your analysis that includes:• A summary: an interpretation of the information in the aged debtor report-• Good practice debtor management• Develop at least 5 recommendations that could be adopted by the company in response to your analysis- This will also be based on the debtor management research you conducted-2- Send an email to the CEO -your assessor--The text of the email should be in grammatically correct English, written in an appropriate -polite, business-like- style-
It should introduce and summarise the contents of the attachment and seek approval to implement best practice debtor management processes-
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