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Credit & Collection Guidebook: Fourth Edition

Credit & Collection Guidebook: Fourth Edition

Paperback

AccountingMarketing

ISBN10: 1642210536
ISBN13: 9781642210538
Publisher: Lightning Source Inc
Published: Sep 17 2020
Pages: 266
Weight: 1.03
Height: 0.56 Width: 7.00 Depth: 10.00
Language: English
Delayed payments by customers can seriously impact the finances of a business, but it is usually necessary to offer some level of credit to them. The Credit & Collection Guidebook shows how to strike a balance between more sales and a reasonable amount of bad debt. It does so by focusing on when to extend credit to questionable customers and how to select the best approach to collecting from late-paying customers. The discussion includes credit policies, credit monitoring, collection techniques, and the necessary controls, procedures, and reports to manage the process. The book also addresses more advanced concepts, such as credit and collection technology, the role of product and service improvements, and litigation tactics.

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