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If your sales are consummated via payment at the point of sale, which may involve “pay with order” or “pay on delivery” protocols involving a credit card or an online e-payment product, managing AccountsReceivable (AR) will not be big issue for you.
From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accountsreceivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.
As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accountsreceivable (AR) collections aging report. What Is an ARAging Report? As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accountsreceivable (A/R) aging report.
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