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The Cash Flow Management: 03. Managing Receivables course discusses the importance of collecting money that is owed to a business in a timely manner. A receivable is an asset on the balance sheet that represents the amount of product sold on credit to a customer. We’ll outline what you should consider before granting credit to customers and some steps you can take in the event of non-payment.
Upon completion of this course, you will be ready to set up policies and procedures around issuing credit and making collection. This short video program comes complete with a downloadable and printable sheet outlining the key concepts and a test to determine your comprehension.
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