The delinquency reports and bad debt figures can be calculated easily directly from the invoice data management system too. If your clients collectively start delaying payments, your business will face credit risk https://www.bookstime.com/ ultimately. The allowance for bad debts is the amount that a business estimates will not be paid by clients. Usually, the longer… Continue reading What is Accounts Receivable Aging? How to Calculate Accounts Receivable Aging?
