Accounts Receivable Management Of HD Electrical Appliances Optimization Research

At present,the whole domestic economic situation is in the downward stage.In addition to the increasingly fierce trade friction between China and the United States,many enterprises in all walks of life have to increase their credit sales in order to consolidate their existing market share.However,the management of accounts receivable of these enterprises has not kept pace with the times,resulting in a large number of overdue accounts receivable,resulting in a shortage of funds for sellers' enterprises,forcing enterprises to do so.To obtain cash flow,we have to borrow from banks,which results in additional financial costs,which begin to eat up the cash flow of enterprises...Such reciprocity has plunged these enterprises into a vicious circle and faced with higher operational risks.In order to solve this vicious circle,this paper argues that improving the management level of accounts receivable of these enterprises is a good solution.Whether accounts receivable can be recovered smoothly will directly determine whether the assets quality of this enterprise is healthy.Therefore,optimizing the management of accounts receivable is of great strategic significance to the business activities of the whole enterprise.This paper refers to a large number of domestic and foreign scholars' literature on accounts receivable,and collects and refines the highlights,especially the credit management theory and comprehensive management theory,which lays a solid theoretical foundation for the research of accounts receivable management in this paper.Then this paper selected the leading HD Electrical Appliance Company in the kitchen and electrical industry as the case object for analysis.Through collecting the financial data of HD Electrical Appliance Company,it analyzed the current situation of accounts receivable management of HD Electrical Appliance Company,and communicated with the auditors of HD Company,thus understanding the internal situation of accounts receivable management of HD Company and demonstrating the implementation of the letter of HD Company.The necessity of using management.Then,proceeding from the three optimization objectives and three optimization principles,aiming at the problems and reasons of HD company's accounts receivable management,this paper optimizes the company's accounts receivable management process from three aspects: before,during and after the event,especially optimizes the rating system of the company's customers,and proposes to use the operating assets model to calculate the credit line of HD company,and to make HD public.The focus of accounts receivable management has shifted from ex post management to ex ante credit management,which has really achieved the goal of preventing and controlling potential risks of accounts receivable.In addition,we have improved the company's credit risk management system,contract management system and the collection system of accounts receivable.In order to make the designed scheme play a more ideal role,a series of safeguard measures have been taken to escort the implementation of the scheme.In the final conclusion,the paper puts forward the deficiencies of the research on accounts receivable management,and the expectations of future accounts receivable management.