Research In Accounts Receivable Management Of Enterprise

From a broad perspective, accounts receivable, includes all the creditor’s rights assets, but look from the narrow sense, accounts receivable refers to the money should charge from buyers after enterprises selling goods,providing labor services.The role of accounts receivable is to reduce inventory and expand sales, but at the same time, there is also a risk of being bad debts. In order to win in the fierce competition, more and more enterprises adopt credit way to attract customers.However, the resulting accounts receivable cannot be brought back will produce bad loans and bad debts,and bad influence on the operation and development of the enterprise.Because of the accounts receivable management in enterprises is not carried out thoroughly, running out of cash always happen, and the financial risks of enterprise increases.At present, the research on the management of accounts receivable is mostly focusing on one single area,enterprises in the practical control prefer after the event.After analyzing the current situation of the JTYH Company’s accounts receivable and accounts receivable management.It points out that accounts receivable management includes three sections: management in advance, present and subsequent.Management in advance include risk prevention, department set, establish and credit management. The present management includes controlling the formation of accounts receivable,responsibility to determine and supervising accounts receivable.The subsequent management includes collection of accounts receivable disposal of bad loans, etc. When formulating enterprise receivables management system, it should take the enterprise’s stage of life cycle into consider,analyzes the management risk and financial risk, according to the enterprise’sfinancial data, business process, and department management, make concrete analysis so as to formulate suitable accounts receivable management system for the company.