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welcome to video three in this free credit control training course this is the bookkeeping master on youtube in our last video we looked at credit application forms and i suggested some credit application procedures we should go through before we approve a credit account in this video were going to look at an approval letter that we should send out once an application has been approved and also developing our credit controlled spreadsheet a step further so this is a template once again i downloaded this totally for free online from microsoft and i can put the link to this template in the description below this form would obviously be printed on headed paper if you dont have headed paper you can easily insert your logo or any other information you would like on the approval letter the space for your name company name and company address and then the recipients name and the recipients details is placed perfectly for a window envelope so to summarize the letter it said we have receiv