PAB-A  

Pamela A Brewer & Associates

1014 Credit & Collections Policy

Price $14.95

This booklet has been designed to guide you in the management of your accounts receivable.

Prior to taking this course you should complete

1005-Asset Management

This booklet has been designed to guide you in the management of your accounts receivable. In this booklet:

You will learn how to establish sound policies that will serve as guidelines in granting credit.

You will be shown collection techniques that will minimize uncollectible accounts and reduce the volume of past-due accounts so that your credit sales are more quickly converted to cash.

You will learn how to analyze your accounts receivable to determine whether or not a problem exists, if corrective action is needed, or if reevaluation of your credit and collection policies is necessary.

You will learn how to evaluate credit applications so that many problems can be eliminated before they occur.

You will learn how to initiate a collection program with all accounts, the delinquent and the not yet delinquent.

You will learn how to follow up by mail and telephone to accelerate collections and the flow of cash to your business.

You will learn when to resort to external resources such as collection agencies or the courts and how to use them to your advantage.