accounts payable receivable
Ensuring Payment
Submitted by clientarticles@... on Sun, 09/19/2010 - 09:16How can a business survive when it's not getting paid? Your business will suffer a great deal even if you have a lot of accounts receivable but you are not getting any payments. For instance, if you are into production, you need to get paid for you to buy the materials needed for you to resume production. Unless payments are received on time, accounts receivable won't count.
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