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Enterprises Accounts Receivable Management Research

Author: ZhaoXiaoYun
Tutor: ChenJiNan
School: Jiangsu University
Course: Accounting
Keywords: Enterprise Accounts Receivable Management Credit management department DSO indicators Warning
CLC: F275.1
Type: Master's thesis
Year: 2010
Downloads: 5577
Quote: 2
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Abstract


Credit trading has become a necessary means for enterprises to improve competitiveness and expand sales, it fully exploit the existing production capacity, expand sales, increase market share and improve the market competitiveness of enterprises, an increase of corporate profits. But to bring these benefits at the same time, there are also many problems and pitfalls, the accounts receivable balance has been increasing at the same time due to the external environment for enterprises and a variety of internal factors, many of our enterprises in the receivables management There are some issues, such as the amount of overdue accounts receivable in arrears for a long time, the bad debt rate, ignoring credit management, some companies due receivables remains high, causing cash flow difficulties, a serious impact on the company's cash flow and financial position further restrict the normal operation and development of the enterprise. Strengthen corporate receivables prior control is particularly important, in particular, pay attention to strengthening the supervision of the sales staff, and good customer credit investigation. Strengthen the day-to-day supervision of the receivables, effectively reduce the probability of occurrence of bad debt after the credit business. Through the development and implementation of effective receivables management strategies, ultimately to achieve the goal of maximizing corporate value. On the basis of the analysis of corporate accounts receivable management theory and practical for our enterprise companies to set up specialized credit management departments, and to define the responsibilities of the credit management department; receivables management process, re- two stages of managed receivables management system, sub-prior management and things, discussed the key issues in the management of accounts receivable. Including the main body of the accounts receivable management, accounts receivable management system to develop, the determination of a reasonable level of accounts receivable, customer credit limit determination; From a financial perspective, the establishment of a monitoring system of financial control in receivables things : aging record with hierarchical management, the the DSO indicator assessment enterprise accounts receivable management, early overdue receivables warning and overdue receivables management. Trying through these in-depth, detailed analysis, to find a way to solve the the Enterprise accounts receivable management and long-term existence of a dilemma problem. Accounts receivable management countermeasures for enterprises to further strengthen the management of accounts receivable, to improve the level of accounts receivable management, reduce bad debt losses, and provide a practical, with a strong, workable ideas and solve problems ways and means. The last Contact Zhejiang SG case.

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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management > Enterprise funds management
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