ACCOUNTING AND ANALYTICAL PROCEDURES IN THE MANAGEMENT OF ACCOUNTS RECEIVABLE

Accounts receivable is one of the most important factors that affects the successful functioning of the business entity, its financial stability and profitability of the production and financial performance. This is due to the fact that, unfortunately, not all buyers and customers faithfully fulfill their obligations to the company, some of them not only can not pay the required amount of time, but even completely repay. Timely detection of bad debts in the process of accounting and qualitative analysis of the receivables can help a manager to effectively use the funds in the calculations.