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In deal with past-due invoice is not easy task, I know. Some view says that in today’s economy, the consumer feels more in control. It is...
This is to follow my previous post about credit policy. And on this post we are developing a credit policy. Credit is temporary capital and the...
Receivable write of is permitted by tax law only for certain reason. You may not write off any receivable and deduct your tax liability unless if...
To ensure that company’s outstanding receivables are current, company need to construct a certain timeline for receivables collection. While timeline is important, company should keep copies of...
Account Receivable is amounts owed to the company for services performed or products sold but not yet paid for. A receivable is accomplished by a simple...