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The benefits of using aging schedule in monitoring the collection of customers?

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Question added by alin ruslan
Date Posted: 2018/07/12
Sheren Francis
by Sheren Francis , Analyst/Finance/Retail Support (Expense & Sundry) , Shoppers Drug Mart

analyze the financial reliability of your customers. If one company is consistently late paying invoices, it should send out a warning flag that there is a possibility they are not succeeding in meeting their business goal Also in order to meet the monthly operating expenses the company needs steady revenue which comes from customers receivables

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