Article Bad Debt Deductions 
Your Virtual Credit Manager
NOVEMBER 14, 2023
It affects the level of bad debt loss (uncollected Accounts Receivables) you suffer. Selling only to financially strong customers reduces the risk of bad debt loss, (and the cost of Credit and Collections activity required). The increased risk of a significant bad debt loss that your firm bears.
Your Virtual Credit Manager
SEPTEMBER 12, 2023
Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you get full access to our growing archive of over 100 articles! To make matters worse, invoice errors also tend to generate payment deductions (partial payments). Offer ends 9/30/23. Subscribe now 2.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Virtual Credit Manager
JANUARY 3, 2023
Photo by DESIGNECOLOGIST on Unsplash Editor’s Note: To start off the New Year, we’re bringing back three of the most popular YVCM articles from 2023. We’ve condensed the articles to save you time, but have also provided links to the originals should you want to take a deeper dive.
Your Virtual Credit Manager
AUGUST 29, 2023
Bad Debt Write-Offs Are Increasing: When bad debts get ahead of budget, you need to take a look at why that is happening. It could be a single larger-size default has skewed bad debts higher, in which case collections are probably not the problem (however, you might want to check your credit policies).
Fundera
OCTOBER 26, 2019
21 Small Business Tax Deductions. For small business owners, there are few sweeter phrases than “small business tax deductions.” ” After all, everyone wants to save money, and small business tax deductions allow business owners to do just that. What Is a Small Business Tax Deduction? Inventory costs.
Your Virtual Credit Manager
JANUARY 9, 2024
Two weeks ago we recapped the three most read articles from 2023: identifying red flags, understanding why customers pay late, and the secrets of successful collectors. In contrast, profit driven enterprises often miss opportunities because they are too restrictive out of a fear of bad debt losses.
Your Virtual Credit Manager
SEPTEMBER 19, 2023
Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you will get full access to our growing archive of over 100 articles! From this conversation, you will learn how perilous the bad debt risk is with this customer, and how urgent your reaction must be.
Expert insights. Personalized for you.
130 
Let's personalize your content