G. Research On Accounts Receivable Management Of Construction Enterprises

With the rapid development of China's construction industry,the competition among construction enterprises is becoming increasingly fierce.Using project advance funds to promote projects has become the main way for the construction industry to expand the market scale.Most of the projects in the construction industry have long construction period,large investment and long capital turnover time,which leads to the obvious increase of project receivables of construction enterprises.G company is a medium-sized private construction enterprise.In the past five years,it did not pay attention to the management of accounts receivable,which led to problems in the financial situation.It is imperative to control the accounts receivable of G construction enterprises,and it is very important for the long-term operation of enterprises.From the perspective of credit management,this paper analyzes the specific situation of G construction enterprise and plans the management scheme of new accounts receivable.First of all,consult and study the relevant literature of accounts receivable,in-depth understanding of the main methods of enterprise accounts receivable management.Then it analyzes the basic situation of G construction enterprise,and puts forward the management countermeasures for the current situation of accounts receivable management of G company in the past five years,the management framework of G company and the deficiencies of various indicators of accounts receivable(total amount of accounts receivable,proportion,aging,growth rate).Establish a new credit management department to carry out relevant credit evaluation work,establish a credit management analysis model,classify customers into different grades,and carry out reasonable collection means according to different grades of customers.The main management methods of accounts receivable are: prevention in advance,such as improving the credit investigation process;control in the process,such as using contract management to strengthen the collection of accounts receivable;management after the event,such as using legal means to increase the collection efficiency of accounts receivable.Through the development of the whole process of accounts receivable management mode,reduce accounts receivable bad debt rate,reduce the company's financial risk.