Research On Enterprise Receivables Management

It is the necessary requirement for market economy's developing to make the enterprise credit sales and receivables.The receivable scale and its holding period are very important for the enterprises' continuous development. Many companies have tense cash flow and even got into financial crisis because of poor receivables management. How to supervise and control the receivables in the course, beforehand and afterwards is the emphasis of the research. Though receivables management has been researched and developed for many years our country is still short of systematic solvent. For the enterprises that hold large scale receivables and limited capitals, limiting the receivables scale and financing with the receivables can decrease the pressure of capital requirement, and increase the benefit and efficiency of capital using. To manage the receivables with making the receivables into bond paper and acting operation is the most important program.The first part of this paper discusses the result of the receivables management effectting the enterprises running and the rationality of the receivables scale. The main items are: (a) the enthusiasm and negativity of the receivables, (b) the composing of the cost of holding receivables, (c) the rationality analysis of the receivables scale. The second part discusses the means of the receivables management and control. The main items are: (a) the reason to the overdue receivables and bad debts forming, (b) the content of the enterprises credit policy and the method of its establishing, (c) the internal control of credit sales and dynamic supervision for receivables, (d) the method of financing with receivables. The third part discusses the appliance environment and method of make receivables into bond paper and acting operation. The main items are: (a) the advantages and shortcomings of the bond paper of the receivables and its working flow, (b) the problems we must pay attention to for the bond paper receivables in China, (c) the advantages and shortcomings of the acting operation and its working flow, (d) the appliance analysis of the acting operation in the present stage in China. The last part discusses the practical operation of receivables management by taking creditor's rights and debt involved in the national enterprises reforming as the case. And submit some suggestions on the developing direction of the receivables management and the dismissing of ill receivables of national enterprises.