Keep Your Accounts Receivable Current

Source: Dun & Bradstreet

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Accounts receivable is the money you've earned - but not yet received - from your customers. You should do everything you can to cut down the amount of time it takes for your customers to pay up. After all, your business needs cash to run. When the amount of time it takes to collect payments increases, the strength of your overall accounts receivable decreases.
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Date:Jan 2010