How to tackle a situation where payment receipts have longer lead time?

While tax burdens occur immediately after manufacture or sales , payments get lingered for a long period of time.

Question added by ANIRBAN BANERJEE , Free Lance Accounting, Costing & Auditing Professional , Self Employed
Date Posted: 2017/02/27

Upvote (0) Views (2) Followers (2) Answers (1) Report Question

by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )

By Placing Blanket Purchase Orders for Finished Goods......

According to IFRS 5, a the time of classification as held for sale, which of those answer(s) CAN be right:
Top Answer: D) There will be no amortisation or impairment since we will not change the fair value or the carrying am ... See More

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Lead time refers to:
Top Answer: <p>The time Between Placing an Order and Receiving Goods</p> See More

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What is true for a Value-Added-Tax (VAT) also known as Sales Tax ?
Top Answer: <p>VAT is a regressive tax</p> See More

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Lead time and order cycle time are the same as:
Top Answer: A. customer service time <<<<Answer>>>>>>>> See More

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