Collecting Past Due Receivables

When a business makes a sale on credit it creates account receivables for the business. Most account receivables are net 10, which means that they are due by the tenth of the following month, but with the economy in the shape that it’s currently in most businesses aren’t being able to collect on their account receivables. Accounts receivable collection is a very important part of keeping a company in business. When the account receivables are collected on time and in full it creates cash flow problems for the company and sometimes it can force them to go out of business. Making collection calls is a good way to collection on past due accounts receivables. More info: accounts receivable collection

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