How to Protect Your Business Against Bad Debt Expenses?


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Cash flow is the lifeblood of any business, so anything that reduces cash flow could jeopardize business success or even its survival. Any company that extends credit to its customers is at risk of slower or reduced cash flow if any of that credit turns into bad debt expense. Although some level of bad debt expense is often unavoidable, there are steps companies can take to minimize bad debt expense.

1. What is Bad Debt Expense?
2. How Do You Calculate Bad Debt Expense For Accounts Receivable?
3. Direct Write-Off Method vs. Allowance Method.
4. The Impacts of Bad Debts on Business.
5. Bad Debt Protection.

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2022-08-18 00:58

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CountryHong Kong