Remove ap-ar-accountants-bookkeepers
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Divide and Conquer Your Past Due AR

Your Virtual Credit Manager

This misguided search for a singular understanding applies to many things, including collecting Accounts Receivable (AR). Optimal Collection results are achieved by utilizing different collection techniques with different types of customers. “One size does not fit all.” it just might help them pay you sooner!

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Take a Strategic Approach to Collections

Your Virtual Credit Manager

Each past due account presents a unique set of circumstances. Consequently, your collection process needs to adapt to each situation if you are going to realize the best outcomes possible. Photo by Berkeley Communications on Unsplash In all probability, your accounts receivable (AR) portfolio conforms to the 80/20 rule.

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Late Payments: Reasons and Remedies

Your Virtual Credit Manager

The importance of going after large balances and risky accounts first should be obvious, but follow-up is also critical so as not to waste your prior efforts. If a customer promises to pay by a specific date and payment is not received by that date, unless you immediately follow up you you are wasting your previous collection efforts.

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QuickBooks Online vs. Desktop: Learn How They Compare in 2017

Fundera

Today, there are more units of QuickBooks Desktop used by small businesses than QuickBooks Online. However, small businesses are flocking to the online version of accounting platform. Did you know that 80% of new QuickBooks users are choosing QuickBooks Online vs. QuickBooks Desktop ? Unit of Measure. Condense File.

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QuickBooks Online vs. Desktop: Learn How They Compare in 2017

Fundera

Today, there are more units of QuickBooks Desktop used by small businesses than QuickBooks Online. However, small businesses are flocking to the online version of accounting platform. Did you know that 80% of new QuickBooks users are choosing QuickBooks Online vs. QuickBooks Desktop ? Unit of Measure. Condense File.

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QuickBooks Online vs. Desktop: Learn How They Compare in 2017

Fundera

Today, there are more units of QuickBooks Desktop used by small businesses than QuickBooks Online. However, small businesses are flocking to the online version of accounting platform. Did you know that 80% of new QuickBooks users are choosing QuickBooks Online vs. QuickBooks Desktop ? Unit of Measure. Condense File.

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60 Business Finance Terms and Definitions Every Small Business Owner Should Know

Fundera

The good news is that you don’t have to be an accountant or a financial planner to negotiate in the world of business finance. Here are some business finance terms and definitions that will help you find your way to successful small business funding. Accounting Terms to Know. Accounts Payable. Accounts Receivable.