SAP or SAP ERP is a resource planning software of a company in which certain functions of an organization are incorporated so that it can be integrated and serve as help. Among some of the processes that are included in this software, we can highlight: operations (distribution and sales, material management, production planning, etc); the … Read more
The concept of suspension of payments refers to the judicial situation in which a company or a professional declares his incapacity temporarily to face the payment of the debts contracted previously with the creditors. Characteristics of suspension of payments In a suspension of payments, the company has a significant amount of assets, but they are … Read more
Stock management in a company is always important. The profitability It depends on the management of the concept that the company has, as we will obtain more or less benefits if its storage is optimal. But what is it exactly? Stock is any good that is stored to be later sold or used in the … Read more
The sales budget is a type of budget It is presented as a document that details the profitability of a completed company and the volume of sales it has had during a certain period. The sales budget is included within the financial plan of any company. This means that the financial plan is made up … Read more
The concept of subrogation refers to the modification of the conditions of a contract to replace a person, whether physical or legal, by another in the exercise of a right or the fulfillment of a obligation. What is surrogacy? When talking about subrogation, we generally refer to assumptions of payment with subrogation in the obligation. … Read more
Statistical sampling is the process by which a statistical sample is selected that is representative of the population and with which the estimated values of the parameters to be analyzed will be worked. As the population or universe of study is usually very large, researchersthey limit its analysis to a sample that is representative of … Read more
When seasonality is discussed in an economic study, we are referring to the fact that economic variables experience occasional fluctuations or regular changes over time. In this way, these variables become predictable and allows them to be studied temporarily. Seasonality allows us to know different aspects of the current situation since they have become predictable … Read more
Solvency is the ability of a company to comply with its obligations and generate funds to meet the commitments sealed with third parties under pre-established conditions. The term solvency encompasses all types of commitments, both short and long term. It has always been linked to the concept of credit risk, since it represents the probable … Read more
It is called a solidarity fund Investment fund The commissions of which will be assigned in part to entities or organizations with social purposes, the fund management company being in charge of said assignment. It is clear that the good practices of companies and banks have a great impact on society. So much so, that … Read more
The definition of overdraft refers to the situation that occurs when an individual or company does not have enough funds in their account to cover a transaction and the bank pays it anyway. You may incur an overdraft with checkbook, debit card purchases, automatic bill payments, ATM operations or electronic withdrawals. What is an overdraft? … Read more
