We have previously talked about how to account for bad debt, but what about the ways you can manage your debtors to avoid things turning bad, so to speak, in the first place?
Much of your debtor management comes into play when you or your bookkeeper is doing your books.
It might be a good idea to find a bookkeeper who can chase up your accounts receivable every week rather than stress about it all month!
Continue reading Monthly Bookkeeping and Debtor Management