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Module 4: Provide detailed statement of account

ryanrori January 23, 2021
Learning Outcomes
Outstanding balances are calculated and provided to the debtor. 
Fees are added to statements where relevant. 
Legislative processes that regulate interest are adhered to at all times. 
A statement that reflects all debits and credits is produced in the required format and time scale. 
Client instructions for debt collecting liquidation sequence is considered in relation to interest, cost and capital. 
Appropriate journals are initiated as per organisational requirements.