Receivables Exam

Receivables Exam

The Receivables Exam is designed to evaluate your understanding and skills in managing accounts receivable processes. This exam covers the fundamentals of receivables management, including invoicing, collections, and reconciliation, to ensure accurate and efficient handling of outstanding customer accounts.

Who should take the Exam?

• Financial professionals responsible for managing and overseeing accounts receivable functions in organizations.
• Accounts receivable clerks and managers seeking to enhance their knowledge and demonstrate their expertise in managing receivables.
• Individuals looking to advance their careers in finance and accounting by obtaining a specialized certification in receivables management.
• New and experienced professionals aiming to standardize their skills and improve their effectiveness in handling customer payments and collections.

Exam Objectives

• Assess knowledge of invoicing procedures, including creating, processing, and tracking invoices.
• Evaluate skills in managing customer accounts, collections strategies, and dispute resolution.
• Test understanding of reconciliation processes, including matching payments to invoices and handling discrepancies.
• Measure proficiency in using receivables management software and tools for accurate reporting and tracking.