Your Virtual Credit Manager

JANUARY 3, 2023

Share How to Clean Up Your AR Ledger Launch a collection program to collect all past due invoices at least 15 days late. Clear from your AR ledger as many of the clutter transactions as possible. Match as many unapplied payments and unapplied credit memos to open invoices, deductions, and debit memos as possible.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

NOVEMBER 14, 2023

If you discuss credit terms with a competitor, you are in violation of anti-trust statutes forbidding price fixing. These customers will require more intense follow up of past due invoices (e.g., at 4-7 days past due versus the two weeks or more that is typical).

Credit Sales 130

Credit Sales Bad Debt Credit and Collections Credit Risk 130

Emagia

JUNE 19, 2023

E-invoices include a payment link with the document itself, making it easily accessible for clients. Making Documents for Compliance Needs Businesses present invoices as official documentation to comply with tax regulatory requirements. Invoice Elements: What Does an Invoice Look Like?

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Days Sales Outstanding 52