Deductions, Short Pay and Small Businesses

Are Your Customers as Profitable as You Think?

Your Virtual Credit Manager

DECEMBER 20, 2022

Why not share this newsletter with your small business customers. it just might help them pay you sooner! Subscribe now Optimizing Deductions Processing Deductions (aka short pays or chargebacks) are taken when the customer believes the order was not fulfilled or billed properly.

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)

Credit Management Source

Are Your Customers as Profitable as You Think?

Are Your Profits Going Up in Smoke?

Webinars

Stay Connected