Credit and Collections, Credit Management and Short Pay

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Credit and Collections

Credit Management

Short Pay

Are Your Customers as Profitable as You Think?

Your Virtual Credit Manager

DECEMBER 20, 2022

it just might help them pay you sooner! Share Controlling Credit Risk Increasing sales to high margin customers disproportionately increases total gross profit. If the reduction in sales is caused by a concern about the customer’s ability to pay you, there are ways to mitigate this risk and reap the additional profit.

Deductions

Deductions Credit and Collections Bad Debt Credit Risk

Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. Well, it’s not.

Deductions

Deductions Credit and Collections DSO Accounts Receivable (AR)

Credit Management Source

Are Your Customers as Profitable as You Think?

Are Your Profits Going Up in Smoke?

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