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Transport Companies Commercial Collections
Understanding Commercial Collections Commercial collections refers to the process of pursuing outstanding invoices from other businesses. Unlike consumer collections, which deal with individuals, commercial collections often involve larger sums...
April 9th 2024 Author: Brendan Gilbert
How to Create an Aging Report & Formulas in Excel
Understanding Aging Reports Essentially, an aging report is a financial ledger that sorts a company’s outstanding receivables by their due dates. Its main purpose is to offer a snapshot...
March 19th 2024 Author: Jeremy Crane
The Purpose and Importance of Dunning Letters Dunning letters serve a purpose beyond mere reminders for payment; they are an integral part of financial oversight and client relations. Their...
February 27th 2024 Author: Brendan Gilbert
Business Impact of Bad Debts Financial Effects Clients' failure to pay for goods or services results in a depletion of projected earnings, influencing both the profit margins and cash...
February 8th 2024 Author: Brendan Gilbert
The Impact of Bankruptcy on Small Businesses
The Legal and Financial Implications of Small Business Bankruptcy It is of utmost importance for entrepreneurs and stakeholders to have a complete understanding of the legal and financial consequences...
January 16th 2024 Author: Brendan Gilbert
