The Research Of Accounts Receivable Management For The H Company

Receivables management is the most important aspect of corporate fund management,which directly affects the working capital turnover of the company and the company's economic benefits.A reasonable proportion of accounts receivable is an inevitable product of the market economy.However,in recent years,the management status of accounts receivable in China's small and medium-sized enterprises has been rather unoptimistic.Account receivables have a series of problems in enterprises such as large amounts,long periods,difficulties in clearing,and bad debts.Many of the company's accounts receivable “live in name”,and the large amount of accounts receivable has seriously affected the smooth operation of the socialist market economy.SMEs are the basic unit of modern society.Both in developed and developing countries,they have irreplaceable effects and influences on the stable development of regional social economy.Because SMEs have a relatively weak ability to prevent their own risks and their sources of funding are relatively narrow,they will face huge risks of capital cut-off.In addition,if China's current legal system and credit system are not perfect,SMEs can easily fall into a crisis of survival if they cannot properly solve the problem of accounts receivable.In this context,this paper takes a typical eastern small and medium-sized enterprise as the research object and explores the management of accounts receivables for small and medium-sized enterprises in China.Based on the relevant theories of accounts receivable management,this article introduces the basic situation of H company,and analyzes the current situation of accounts receivable management by H company,and points out that H company lacks review and lack of customer credit in the daily management of accounts receivable.According to the analysis of accounts receivable,the establishment of corporate institutions was unreasonable,and the collection procedures needed to be strengthened.At the same time,the bad debt provision accounts of H companies were excessive and were always in a loss state;the turnover rate of accounts receivable was low,and It has been declining year by year;the ratio of accounts receivable to operating income and current assets has been increasing year by year,and it has been close to total operating revenue in 2017.Both 2016 and 2017 have exceeded current assets.At the same time,through the comparative analysis of the sales percentage model and the accounts receivable percentage model,the risk prediction value of non-performing assets in the account receivables of enterprise H in 2018 is obtained.The results are still not optimistic.The reasons for the above problems are that,on the one hand,H companies blindly use credit policies to expand sales,and on the other hand,H companies may have debits.As a result,the number of accounts receivable is huge,and the company suffers losses year after year..In view of the many serious problems in H company's current account receivable management,it is proposed that the function of accounts receivable should be added to the corporate finance department,and the daily management process of accounts receivable should be improved to improve the credit policy of H companies.On the basis of improving credit entry standards.For the post-event behavior of accounts receivable,an effective collection policy should be established.