Accounts Receivable Management Research

In the modern economy society, the most trade is based on credit. The trade credit is the most efficient means of settlement in enlarging the market, reducing the whole cost of the business, strengthening the power of the competition, and etc. However, with the development of the trade credit, a serious problem of accounts receivable emerges. Because of selling on trust blindly, many corporations have got excessive accounts receivable, among which many are bad and can not be reclaimed. As a result, these corporations are lack of sufficient cash, and can not survive, in the end, they go bankruptcy. Many cases from home and overseas corporations indicate that the power of the risk of accounts receivable is startling in destroying the vitality of the corporationsWith the development and improvement of market economy in our country, the competition between enterprises has become more and more fierce. And more and more enterprises have offered business on credit to their clients in order to develop the markets. However, the credit policy for receivable account has resulted in a large amount of overdue receivable account lasting long time to some enterprises because of those reasons inside and outside enterprises.Under current circumstances of bad credit, it is more important to strengthen the beforehand control of receivable accounts, especially to strengthen the supervisory of the sale persons and the investigation of clients' credits. Strengthening the daily supervisory of receivable accounts can reduce the probabilities of bad debts efficiently after offering the business on credit. In recent years, the business of guaranteeing receivable account has become a new and good way to reclaim the accounts, which provides an efficient means for the enterprises. Through working out and carrying out some efficient strategies to manage the receivable accounts, enterprises can balance the benefit and the turnover while executing the credit policy of receivable accounts, and finally realize the goal of maximum of the value for their shareholders.The reason of credit receivable beforehand (for example credit investigating, the control of total credit receivable, the object of sell on credit the course of it),in due course (the daily supervision and analysis of credit receivable) and afterwards (the recovery of strategy of credit receivable ,the reasons and the methods and ways of credit receivable) disputes have been exhaustively discussed in this paper. And from the deep, exhaustive study, we can find out a good way to solve these problems. From the study of credit receivable countermeasure, the enterprises can get ways and methods to the problems. The enterprises can manage the credit receivable better, get a higher level of credit receivable management, and reduce the loss of bad debt.