Accounts Receivables Do Not Always Collect Themselves

You Need to Develop Some Procedures

You have accounts receivable if you allow your customers to pay you later. This is a risk. If you collect your money as soon as you do the work you will get your money right then. Any time you have to wait for your money there is a chance you will never receive it.

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Debi Peverill has been advising business owners and others for more than 40 years. She writes in and easy to understand and frequently humourous manner. She became a Chartered Accountant way back in 1980 and started her own public accounting firm in 1988. She knows lots of stuff.

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Accounts Receivables Do Not Always Collect Themselves

You Need to Develop Some Procedures

More from Tax and Financial Stuff You Need to Know

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Debi Peverill