The Research On The Accounts Receivable Management Of J Enterprise

Account receivable is the product of enterprises when it conduct production and operation and the credit sales of commodities or labor transactions,which is an important part of the enterprises' current assets and a form of commercial credit.At present,the market environment is undergoing great changes,the market situation is gradually turning into the buyers' market,and the sellers' supplier enterprises are facing the increasing market competition,so the sales method of credit sales will become a trend inevitably.For most enterprises today,the account receivable business is existing everywhere.Enterprises adopt credit transactions such as installment payment and credit sales in trading activities can exploit their competitive advantages to the full and expand their sales.However,as China is still in the stage of market economy development,the credit management system is still not sound.Credit sales have promoted the increase in sales volume of enterprises,but it has also brought follow-up difficult problems such as difficult account receivables for enterprises.On the one hand,the accumulated account receivable causes the enterprise's funds to be occupied without compensation,making their own capital turnover difficult.On the other hand,the risk of bad debts of enterprises increases,and the quality of profits declines.As a matter of fact,there are really many problems existing in the management of account receivable in Chinese enterprises.And most enterprises have a weak sense of account receivable management and managers have unclear understanding of the risk of account receivable,so the average bad debt rate of Chinese enterprises is much higher than that of enterprises in Europe and the United States.Therefore,avoiding business risks,properly managing account receivable,and improving the competitiveness of the enterprise market have become a problem of practical significance which needs to be resolved immediately.Generally,this paper is composed of eight parts.The first part includes the introduction and research significance,which combs the research status of accounts receivable management both at home and abroad according to the time sequence.Meanwhile,it summarizes the structure of this paper,and lists the research methods and innovations of this paper.The second part introduces accounts receivable management and related theoretical basis.Firstly,it defines the concept of accounts receivable and accounts receivable management,and then introduces the three major management theories of credit management,risk management and comprehensive management,and classifies and summarizes the evaluation indexes and methods of the quality of accounts receivable.The third part mainly introduces the current situation of enterprise accounts receivable in China and summarizes the reasons for the formation of accounts receivable.The advantages and disadvantages of enterprise accounts receivable are also analyzed.The fourth part mainly analyzes the current situation of accounts receivable management of J enterprise.First,it briefly introduces the industry nature and development status of J enterprise,and then introduces the basic situation of accounts receivable of J enterprise.The size,liquidity,account-age and customer distribution of accounts receivable in the past three years are analyzed.Through a series of data analysis,this paper finds out the severity and development trend of the enterprise's accounts receivable problem,and then describes the enterprise's actual accounts receivable management procedures and business processes,so as to understand the current situation of its accounts receivable management.On the basis of the fourth part,the fifth part tries to analyze the problems existing in the management of accounts receivable of J enterprise,and to analyze the internal and external causes.In the sixth part,the customer credit risk management system is designed and constructed according to the main problems of J enterprise.This part aims to strengthen the management of customer credit risk through relevant risk identification,risk assessment,risk treatment and risk monitoring,and effectively control the possibility of accounts receivable problem from the root,which is also the innovation of this paper.In the seventh part,the author puts forward some countermeasures to improve the management system of accounts receivable for J enterprises according to the problems and causes mentioned above.In order to improve the current situation of accounts receivable management of J enterprise,the system security should be supplemented in the order of prior,during and after the event.The eighth part gives the conclusion of this paper.The solutions to the existing accounts receivable problems of J enterprise are summarized,and the ways and methods to solve the problems are improved according to the countermeasures and suggestions.Through the study of accounts receivable management problems,according to the idea of finding,analyzing and solving problems,this paper tries to provide feasible methods for J enterprise to strengthen accounts receivable management,reduce financial risks and bad debt losses,improve capital utilization rate.In addition,this paper builds a credit risk management system of customer accounts receivable according to the situation of the enterprise,which also provides beneficial enlightenment for other enterprises' accounts receivable management to a certain extent.