Vienna's Views - Archives - Page 3 of 4 - Cash in USA

Vienna’s Views

What is Accounts Receivable? Definition

Vienna
4 Jul, 2019
Accounts Receivable Management, Vienna's Views
Accounts Receivable Management, accounts receivable system
No comment

Accounts Receivable What is Accounts Receivable? Simple Explanation Accounts receivable represents money owed to your company by your customers. It refers to the money your customers owe you for goods or services that have been delivered or provided but not paid for. It represents a current asset on the balance sheet and reflects outstanding invoices

How to Write a Collection Letter

straxum
27 Jun, 2019
Accounts Receivable Management, Collection Letters, Vienna's Views
No comment

On Red Flags and Warning Signs

I know I’m beating the same old drum but it all bears repeating. It always (almost) comes back to you, not the guy who owes you the money, he’s got his own problems. If you want to avoid collections (doesn’t everyone?) you’ve got to pay attention… here’s a list of red flags and warning signs

Discounts & Late Fees

Charging late fees and offering discounts for early payment may seem like a no brainer to you but in fact there are differing opinions. In general, I’m not a fan of either. Our friends over at The Kaplan Group argue in favor of late fees and against discounts for early payment. Their experience with discounts

Mastering Accounts Receivable Collections

Vienna
28 Dec, 2018
Accounts Receivable, Accounts Receivable Management, Collection Prevention, Vienna's Views
No comment

Tips, Tricks and Techniques In previous posts in the series, we’ve discussed the importance of using the right tools, scheduling the calls, documenting results, and generally how to systematize this process. Now, let’s talk technique. Effective collection calls blend preparation, strong communication skills, empathy, and persistence. By focusing on solutions and maintaining professionalism, you can

Resources for Small Business E-Newsletters

Some Thoughts on ThinkingYour February E-Newsletter The Power & Importance of Focus Are You a Workaholic? And Why it Matters. Small Business Newsletters

The Power & Importance of Focus

Credit Reporting & The FDCPA – What You Need To Know

Contingency Collections – No Collection No Fee?

Contingency Collections and How it Works Sometimes we forget not everyone understands industry jargon. No collection no fee is the concept behind contingency collections and it’s the collection model most people are familiar with. Here’s how it works. You give me your collection account and if I can collect it I keep a percentage of

Are You a Workaholic? And Why it Matters.

« Older Posts

Newer Posts »