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Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly). Do you need help improving cash flow?

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Are Your Commercial Credit Files Secure

Your Virtual Credit Manager

They are: Onboarding Documents: These include a credit application, signed credit agreement, bank and trade references, credit bureau reports and/or scores, as well as sales tax exemption certificates, financial statements, and a guaranty if required. Do you need help improving cash flow?

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The Keys to On-boarding New Customers Smartly and Efficiently

Your Virtual Credit Manager

.” Require every customer to sign a credit agreement that spells out your terms and conditions, including late charges and collection fees in the event of delinquency or default. Have applicants provide the following details via your Credit Application: Ask the customer to provide all appropriate Sales Tax Exemption/Resale Certificates.

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How to Create an Invoice in QuickBooks

Fundera

Date: QuickBooks Desktop will default to the current date in most cases. Customer Tax Code: Just like different products and services might be taxed at different rates, a customer might have a specific sales tax situation. The most common one is a sales tax exemption.