Research On The Improvement Of Internal Control Of Accounts Receivable Of RY Compan

The fierce market competition prompts enterprises to develop many marketing methods,and the way of selling on credit is one of them.On the positive side,credit sales play a positive role in seizing the market and expanding the sales scale.On the negative side,with the increase of trading volume,the receivables generated by this performance-oriented sales method become a huge burden for enterprises,especially for capital-intensive enterprises in the transitional period and growth stage.RY co.,LTD.Is a medicine circulation enterprises,belongs to the typical drivers of capital enterprises,the influence of the sales model and industry environment,RY company in order to quickly grab market,attract the downstream customers,frequently provide capital takes up services to the customers in recent years,the credit line,a growing number of accounts receivable as a deterrent to RY company development,especially in recent years,Accounts receivable problems frequently thunder,and many times received annual report inquiry letter,there is a large risk in the capital chain.Under the circumstance that the external environment is difficult to change,the company must improve itself,adapt to the environment,take multiple measures at the same time,strengthen the internal control of receivables,through "de-inventory,control increment,guarantee quality",improve the speed of receivables collection,relieve financial pressure,ensure the normal and smooth operation of the enterprise,it is particularly important.Drugs are good news for patients,and the orderly development of the pharmaceutical industry is touching everyone’s heartthrob.In the context of COVID-19,the author selected RY Company,a specific case enterprise in the pharmaceutical distribution industry closely related to people’s life and health,as the research object.Through relevant theories and specific research methods,From several aspects about the present situation of the company’s accounts receivable internal control to a detailed analysis,in search of RY company accounts receivable internal control problems which design and implementation,problem oriented in front and three approaches put forward appropriate Suggestions for improvement,for RY company and industry enterprise accounts receivable internal control improvement.