Bad Debt, Deductions and Short Pay - Credit Management Source

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Bad Debt

Deductions

Short Pay

Are Your Customers as Profitable as You Think?

Your Virtual Credit Manager

DECEMBER 20, 2022

All these bad customer behaviors are a drain on your profit. it just might help them pay you sooner! Buy Credit Reports Managing Credit In-house Your other option is to assess, monitor and control the bad debt exposure yourself. Companies usually have a Top 10 or Top 20 customer list.

Deductions

Deductions Credit and Collections Bad Debt Credit Risk

Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

SEPTEMBER 13, 2022

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.

Deductions

Deductions Credit and Collections DSO Accounts Receivable (AR)

Are Your Customers as Profitable as You Think?

Are Your Profits Going Up in Smoke?

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