Your Virtual Credit Manager

NOVEMBER 14, 2023

If the additional collection activity looks like it will require adding staff (even part-time), there are AR automation solutions you may consider that are both low-cost and efficient. These customers will require more intense follow up of past due invoices (e.g.,

Credit Sales 130

Credit Sales Bad Debt Credit and Collections Credit Risk 130

Emagia

MARCH 3, 2025

This comprehensive guide delves into each aspect of the AR process cycle, offering insights into its importance, steps involved, best practices, challenges, technological advancements, and more. This cycle begins with establishing credit policies and extends through invoicing, payment collection, and account reconciliation.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

JULY 10, 2023

These entries show the amount a client owes to the business for products and services provided on credit. An accounts receivable journal entry intends to ensure that financial activities related to credit sales are documented and entered into the company’s accounting records.

AR Automation 52

AR Automation Transactions Deductions Credit Sales 52