banner_ad

Urgent - sfm chapter-8 financial services

Final 684 views 3 replies

Dear Sirs,

I have doubt in SFM : Chapter-8 "Financial Services"

In the absence of specific information in the Question

the "Factoring commision" must be taken as a Percentage of

a)  "Total Cr. Sales"

or

b) "Average Receivables"

 

Plz reply urgently 

Replies (3)
Total credit sales to be considered for calculation of factoring commission

total credit sales only. why factor wil charge on receivables? think in practical logical way, factor will charge his commission on the entire sales for which he is bearing the risk.

Total credit sales as it is what we appoint factor for


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details