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Topic: Credit control & accounts receivables

Allowance for doubtful accounts & bad debt expenses: Calculation

Allowance for doubtful accounts & bad debt expenses: Calculation

The concepts of allowance for doubtful accounts and bad debt expenses play a pivotal role in portraying an...

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Accounts receivable aging schedule: How it works, benefits, and example

Accounts receivable aging schedule: How it works, benefits, and example

An accounts receivable aging (AR) schedule is a critical tool for businesses to manage their unpaid invoices...

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Outstanding receivables: How long is too long for AR to remain unpaid?

Outstanding receivables: How long is too long for AR to remain unpaid?

In the realm of business transactions, accounts receivable (AR) play a pivotal role in maintaining financial...

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Account receivables discounting: Meaning and how it works

Account receivables discounting: Meaning and how it works

Account receivables discounting, also known as invoice discounting or factoring, is a financial transaction...

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Automate accounts receivables, reduce late payments with Odoo and Chaser

Automate accounts receivables, reduce late payments with Odoo and Chaser

Chaser has launched a new integration with Odoo, bringing automated accounts receivable management to...

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Average collection period formula: ACP formula + calculator

Average collection period formula: ACP formula + calculator

The average collection period (ACP) is a key metric used to measure the efficiency of a company's credit and...

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What is a soft credit check? Soft pull vs hard pull

What is a soft credit check? Soft pull vs hard pull

When applying for a business loan or credit card, you may encounter two types of credit checks: soft pulls...

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Business credit scores: what they are & where to get yours

Business credit scores: what they are & where to get yours

A business credit score is a numerical representation of a company’s creditworthiness and financial...

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How to ask for payment professionally in message

How to ask for payment professionally in message

Asking for payment can be a delicate situation, especially when dealing with clients or customers. Striking...

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Early payment discount: what is it & how and when to use it?

Early payment discount: what is it & how and when to use it?

In today's fast-paced business environment, managing cash flow effectively is crucial for maintaining...

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Simplify credit management, reduce late payments: Chaser and Sage 200

Simplify credit management, reduce late payments: Chaser and Sage 200

Chaser has launched a new integration with Sage 200, bringing automated accounts receivable management to...

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What is a creditor & what’s the difference between creditors/debtors?

What is a creditor & what’s the difference between creditors/debtors?

In the realm of finance, the terms "creditor" and "debtor" play crucial roles in shaping financial...

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