MODERN METHODS OF RECEIVABLES MANAGEMENT
Аннотация
The economic development of the country at the present stage is characterized by a significant slowdown in the payment turnover, which is a consequence of the growth in the share of receivables in the structure of the enterprise's working capital. In this regard, the most important task of financial management can be defined as the effective management of accounts receivable, which should ensure its timely collection and optimization of the total amount of debt.
In the process of carrying out economic and economic activities, the company may have bilateral obligations with counterparties, who often cannot immediately pay us for goods shipped earlier or services rendered to them, thereby leaving us the property right to receive a certain amount of money. Late payment from the counterparty inevitably leads to an increase in the company's receivables, which worsens its economic condition and leads to one of the most dangerous problems for this entity, namely, a lack of working capital.
Accounts receivable is an important element of working capital because it defines an asset that is associated with legal rights, which may include the right to own. However, since this kind of asset is not classified as a commodity, we can only assign claims to it. Which, in turn, may be of commercial interest only when consumer value appears, which is a consequence of the timely payment of debt to the enterprise from counterparties that did not entail losses.
Автор
Воин Голубович
Ернар Шахметов
DOI
https://doi.org/10.48081/YWDZ4974
Ключевые слова
receivables
management
working
capital
deferred
payment
factoring
cession
Год
2023
Номер
Выпуск 2