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The Importance of the Accounts Receivable Aging Report

Gaviti

It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Cash application. Ensure precise cash allocation and real-time reconciliation with your primary bank and manage cash from multiple sources with multi-bank connectivity. Get a demo today.

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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Document a process for how the company will deal with outstanding invoices. Documented internal escalation procedures should also include which levels of management and heads of departments (e.g. Carefully assess the payment history of the company and the risk it poses to your business. Cash application.

DSO 52