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Ways to Improve Your Accounts Receivables | Accountantsbox

Posted Feb 11, 2021 | Hits: 442
City: Dubai
Location: Sheikh Zayed Road
Accounts receivable (AR) is the balance of money because of a company for items or offerings brought or used however not but paid for by customers.
Accounts receivables are indexed on the stability sheet as a current asset. AR is any amount of money owed with the aid of clients for purchases made on credit score.
Accounts receivable control is the system of ensuring that customers pay their dues on time.
It allows the companies to save you themselves from jogging out of working capital at any point of time. It also prevents past due payment or non-fee of
the pending quantities of the clients.

Here are some of the Ways to Improve Your Accounts Receivables process and thus help improve cash flow :-
- Raising Invoices from the System
- Multiple Online Payment Options
- Credit Control
- Regular Review of Accounts Receivables
- Follow-up of Overdue Payments
- Incentivize or Restructure Account Receivables
- Discounting / Factoring Accounts Receivables

Dubai Office : H Hotel Office Tower, Sheikh Zayed Road, Dubai, UAE

We specialize in :-

Outsource Accounting Services
VAT consultation
Economic Substance Regulations (ESR) Solutions
Accounts Payable/Receivable Management
Outsource Admin Support
Online Payroll Outsourcing
Inventory Accounting

You can contact us on :- Phone : 971-545481521

Read Full Blog here - https://accountantsbox.com/how-to-manage-accounts-receivables-effectively/

You can also book a consultation with us by filling your details on - https://accountantsbox.com/contact-us/
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