Research On Management Of Account Receivable Of ZY Company

With the continuous development of economy,the competition between enterprises has become increasingly fierce,and the competitive pressure is increasing.Many enterprises choose to sell on credit in order to seize the market and expand sales.The continuous increase of enterprise accounts receivable has also brought certain problems to enterprises.After the formation of a large number of accounts receivable,the collection is not very ideal.Lack of funds not only takes up the time value of funds,but also affects the normal operation of enterprises;The slow turnover of capital not only reduces the short-term solvency of the enterprise,but also threatens the survival and development of the enterprise.Taking ZY Door&Window Co.,Ltd.as an example,this paper takes the risk management theory of accounts receivable and the management theory of accounts receivable as the theoretical basis,and uses the field survey research method,literature analysis method,interview method and financial analysis to analyze and study the situation of accounts receivable and bad debt losses of ZY Door&Window Co.,Ltd.in recent years.Based on the actual situation of ZY doors and windows,the study found that the company has the following problems: long payment period;Poor customer credit;The company has imperfect system and loopholes in the process of accounts receivable management;The staff’s own management personnel lack risk management awareness.Aiming at the problems of ZY Door&Window Co.,Ltd.,the improvement plan and corresponding safeguard measures are proposed from the following aspects:establishing a scientific credit evaluation system in advance,doing a good job in the investigation and evaluation of customer information,and establishing an early warning mechanism for credit sales;Follow up the collection of accounts receivable in a timely manner,strengthen sales management,improve the internal control system,form a department cooperation mode that echoes back and forth among all departments,and standardize customer contract management;After the event,tracking management of accounts receivable was carried out,losses of accounts receivable were estimated,bad debt reserves were withdrawn,risk management awareness of enterprise employees was improved,and ways of payment collection were actively expanded.And on this basis,it provides safeguard measures.Through the research on the accounts receivable of ZY Door&Window Co.,Ltd.,it is helpful to improve the management level of accounts receivable of enterprises,improve the difficulties of enterprises in recent years,reduce the risk of bad debts of enterprises,and provide certain reference and reference value for the research on accounts receivable management of door&window industry and small and medium-sized enterprises.