Deductions, DSO and Short Pay - Credit Management Source

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Deductions

DSO

Short Pay

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.

Deductions

Deductions Credit and Collections DSO Accounts Receivable (AR)

5 Tips for an Automated Cash Application Process

Gaviti

MARCH 27, 2024

Automation eliminates human errors, significantly decreasing the number of disputes and deductions, payment delays due to miscommunication, and mistakes made by overworked or distracted employees. Apply insights from these data reports to optimize collections strategies, reduce DSO, and improve your cash flow. It is more accurate.

Automated Cash Application

Automated Cash Application Cash Applicator DSO Invoice to Cash

Are Your Profits Going Up in Smoke?

5 Tips for an Automated Cash Application Process

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