Financial management and accountancy - Suppliers
Models (12)
Syncing supplier payments letterMost invoices proclaim settlement terms of "30 days from date of invoice". The problem is that this gives you a random pattern for supplier payments throughout the month. How can you get your suppliers to buy into a more... Read more
02 Jan 2013
Quotes and potential cost savings summaryIf you can't pass a price increase from a supplier on to your customers, then think laterally about renegotiating other contracts to obtain offsetting reductions in their prices. To do this successfully you'll n... Read more
02 Jan 2013
Sample electronic remittance adviceWhy not e-mail a remittance advice from your accounting system instead of posting it? This will mean no paper, printing or postage costs for your business.TemplateYour accounting software may be able to produce the ... Read more
02 Jan 2013
Non-disclosure agreement for an employeeAnecdotal evidence suggests that current and former employees are responsible for most leaks of business information. A good employment contract will help; however, having a non-disclosure agreement (NDA) in pl... Read more
02 Jan 2013
Discounts for prompt payment calculatorIf your company's suppliers frequently offer a percentage discount for immediate payment, how can you work out whether it's worth paying the invoices early or keeping the money in your company's bank account?Annual... Read more
02 Jan 2013
Non-disclosure agreement for a contractorIf your company invites a supplier to get involved in a new project, you might well want them to sign a non-disclosure agreement (NDA). The fear is that they (or someone they might talk to about the project) w... Read more
02 Jan 2013
Purchase ledger reviewWith computerised accounting systems, it's easy for the purchase ledger to appear to be in good order. The purchase ledger control account will correspond with the total amounts showing as due on the individual supplier accounts.... Read more
02 Jan 2013
Prioritised payment listYour phone is ringing off the hook with irate suppliers, payroll is coming up and the MD is pulling his hair out because your cash flow is consistently under pressure. How can you make sure that your department pays suppliers ... Read more
02 Jan 2013
Days payable outstanding worksheetThe days payable outstanding (DPO) ratio is extremely important. It shows how long it takes you to pay your suppliers which is a key component in your company's formula for calculating working capital. Businesses must... Read more
02 Jan 2013
Contract review summaryYou're probably asked to review new agreements with suppliers on a regular basis. Your perceived role is one of looking over the terms, just to see if there is anything onerous in them that has been missed by others. Having a st... Read more
02 Jan 2013
