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What is the best to do to control the receivables?

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Question added by Faris Bafaqih , Manager General Ledger , Saudia Arabia Logistics - SAL
Date Posted: 2016/02/29
Rima Lalwani
by Rima Lalwani , Assistant Manager-Receivables & Collections , Dubai International Financial Centre Authority

Accounts Receivables is the backbone of every companies financial standing and stability.An up-to-date customer statement of account and reconciliation of the same is very important. A credit check helps us to know the customers financial standing, there payment trends, and one can act accordingly. This will also help the company to keep a check on the delinquent client.

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