Did you know the customers listed in the 1-30 day column on the Accounts Receivable Aging Summary are actually 1-30 days past due? The common misconception is the report reflects the number of days since you provided the service and issued the invoice. 

It is important to note the phrase “past...

It’s tempting to look at the $106,200 balance and assume everything will fine. This is more than enough to pay the bills on time. The problem is customers do not always pay on time, if ever.

If your AR report looks like this, then you are in good shape. This is an example of a healthy AR report.

I don’t know. We’ve never met, but I will help you answer the question. Here are 3 signs your AR balance is too high:

1. You are not able to pay your bills on time.

• This may sound like Captain Obvious but it is common for owners to assume they need to sell more. When the cash flow problem is h
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Collecting money is one of the most dreaded aspects of running a business. I would rather scrub my bathroom floor with a toothbrush than pick up the phone and ask a customer to pay a past due invoice. The secret is to have awesome employees on your team and great systems in place. These tips will ...