Aging analysis and bad debt provision accrual
£91.99
Pound sterling (£) - GBP
Generate accounts receivable aging tables by customer or order (divided into 30 days, 60 days, 90 days, and over 90 days). Assess the recoverability of each overdue payment and recommend appropriate bad debt provisions based on historical bad debt rates. Regularly follow up with major overdue customers to assist you in deciding whether to stop supplying goods or switch to prepayment methods, effectively managing credit risk.
