Deductions Default Total Receivables 
Your Virtual Credit Manager
SEPTEMBER 19, 2023
It involves intensive management of the customer’s total receivable balance supported by a substantial reduction in their credit limit. The bank will pay you if your customer defaults. Reduce Your Exposure: This can be done unilaterally.
Your Virtual Credit Manager
AUGUST 29, 2023
Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). Then multiply the answer by 100 to get a percentage.
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