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Tag: payment collection

Understanding Cash Collection, The Definition and How to Do It Properly
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Understanding Cash Collection, The Definition and How to Do It Properly

The final step in the revenue cycle is cash collection. The revenue cycle is a series of business activities and related information processing activities that ...
What to Do If Your Customers Don’t Pay Your Billing Invoice
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What to Do If Your Customers Don’t Pay Your Billing Invoice

While collecting payment, there's a case when clients pay over the due date. It's really frustrating, since your cash flow won't go well. This behavior ...
How to Manage and Collect Receivable Effortlessly
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How to Manage and Collect Receivable Effortlessly

From an accounting point of view, account receivable asset represents company demands from external parties which are expected to be resolved by making payments according ...
Important Tips for Collecting Payment to Clients
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Important Tips for Collecting Payment to Clients

As a businessman, you must be aware of the negative effects of late payments and how to deal with them. If not, just read the ...