February 2, 2007, Newsletter Issue #50: Accounts Receivable Management
Tip of the Week
The best accounts payable and accounts receivable tip or piece of advice one can give you is to make sure the software package your purchase can meet your needs. Your accounts payable and account receivable software should incorporate accounts receivable management in a number of accounting software features. You manage your accounts receivable with analyzing tools. From the software you should be able to get: • Automated sales tax reports • Income history reports • Monthly cash receipt reports With this information, you can, in a few minutes, answer the all important question about where your money is going. You can manage your business overheads, and keep track of your receipts with ease and effectiveness.
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