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BAPHALABORWA MUNICIPALITYDraft DEBT WRITE OFF POLICY 2023/24 APPROVAL DATE BY COUNCIL: 30 March 2023 COUNCIL RESOLUTION NUMBER:6/1/11. INTRODUCTION 1.1 The Council of BaPhalaborwa Local Municipality
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How to fill out draft credit control debt
How to fill out draft credit control debt
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Businesses and organizations that are owed money by debtors.
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Accounting and finance departments that are responsible for tracking and collecting payments.
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What is draft credit control debt?
Draft credit control debt is a document that outlines the amount of debt owed and the measures taken to control and reduce credit risks.
Who is required to file draft credit control debt?
Businesses and individuals who have outstanding debts or credit control issues are required to file draft credit control debt.
How to fill out draft credit control debt?
Draft credit control debt should be filled out by providing detailed information about the outstanding debts, credit control measures implemented, and steps taken to reduce credit risks.
What is the purpose of draft credit control debt?
The purpose of draft credit control debt is to assess and manage credit risks, monitor outstanding debts, and implement measures to reduce financial losses.
What information must be reported on draft credit control debt?
Information such as outstanding debts, credit control measures, payment plans, and debt recovery efforts must be reported on draft credit control debt.
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