Remove Bad Debt Remove Credit and Collections Remove Short Pay
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Are Your Customers as Profitable as You Think?

Your Virtual Credit Manager

it just might help them pay you sooner! Share Controlling Credit Risk Increasing sales to high margin customers disproportionately increases total gross profit. If the reduction in sales is caused by a concern about the customer’s ability to pay you, there are ways to mitigate this risk and reap the additional profit.

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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. Well, it’s not.