Receivables Management
Tags: accounting, Receivables, Setup, Training
Receivables Management
“Receivables Management” is a term we use to denote everything that you need to do in the system
to follow-up with customers, and to collect on open receivables.
Receivables Setup & Overview
Receivables Management
Procedural Considerations
1. Be clear with customers and also employees as to your policies and procedure sregarding receivables management; terms, statements, emails, when are customers put on hold, etc.? All should be consistent from employee to employee, and customer to customer.
2. It’s a good idea to get reports specifically for month end.