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What is an applicant flow record?
Net Credit Sales
The total value of sales made on credit after subtracting any returns and allowances, reflecting the actual sales revenue expected to be collected.
Allowance for Doubtful Accounts
A contra-asset account that represents the amount of receivables a company does not expect to actually collect.
Accounts Receivable
Amounts due to a company from its customers or clients for services rendered or goods delivered, but not yet paid for.
Finance Charge
A fee representing the cost of credit or the cost of borrowing, typically detailed in the terms of a loan or credit agreement.
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