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Springfield, MO

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Accounts Receivable

Posted online

Managing

Accounts

Receivable

Tips for managing accounts receivable:

?Screen clients for charge accounts

?Have and use a credit application

?Offer discounts for quick payment

?Bill twice a month

?Charge interest on past due bills

?Follow-up 30-day notices with phone calls

?Handle repeated late payment by requiring payment in advance

?Decline to further service the account until all past due balances are paid[[In-content Ad]]

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