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This is necessary so that the debt can be collected if the debtor suddenly has funds to pay. The main thing in 5 points Accounts receivable are everything that a company owes its counterparties. This could be money, services, or goods. If the accounts receivable are too large, the business may not have enough working capital to operate.
Therefore, it is important to control it: remind counterparties about payments, arrange insurance against possible losses and collect overdue debts through negotiations or court. The debtor's debt can be sold to a third party, Vsuch as a collector. This will allow the creditor company to get its funds back quickly and not waste time on litigation. You can sue debtors not at any time, but only before a certain limitation period has expired.
delay or from the moment of filing an official claim. After the expiration of the period, the creditor cannot legally demand payment from the debtor. We talk about business twenty-four to seven All articles Yandex for Business Clients Practice Promotion Employees Finance In different ways Special project Finance 22 February 2024 What is included in operating expenses and how to calculate them correctly Let's figure out how to use them to evaluate business efficiency.