Tag Archives: balance tracking
Money managers dance better for a price
A money manager is not a psychologist for the difficult years. A money manager’s primary interest is in keeping your account, not helping you with your emotions. When the market and your account crash, a money manager is unlikely to admit his responsibility in loading up on overpriced stocks at the wrong time. More likely, [...]
guidelines your collection staff should follow when dealing with debtors – part 2
Help the debtor solve problems associated with the delinquency. If the company alters its expectations a little, a debtor inconvenienced by a minor setback in personal fortunes may be able to pay more quickly and easily. Sometimes a debtor can feel overwhelmed, like it’s impossible to pay off the debts. Companies that work with the [...]
Guidelines your collection staff should follow when dealing with debtors – part 1
Reach an agreement with the debtor on the amount owed. One of the key things the collections person can do is help the debtor overcome his or her internal resistance. With the exception of a disputed amount, most debtors know they must pay and, more often than not, most want to pay. Getting them to [...]
A Guide to Tracking Receivables: The three indicators – part 1
The three indicators based on balance—balance in excess of the credit limit, longest-running balance, and highest balance—represent elective risk based on sales decisions the company has made regarding specific customers. If the risk grows too great, a change in policy and procedure may be in order. The credit manager may be too lax in his [...]
A Guide to Tracking Receivables: Reports maximizing the company’s financial potential – part 2
Receivables aging. This sort of report has two basic purposes. First, it allows managers to understand how old the receivables are; the older a receivable, the less likely it will be collected. Second, the report helps accountants calculate the amount of money to allow for uncollectible accounts. Customer balance tracking. In preserving the asset value [...]
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Recent Posts
- Credit informational asymmetries
- Adverse selection in a loan model
- Conditional credit expectation rule
- A credit discriminatory pricing rule
- Types of bank capital represent its own credit risk class
- Different degrees of loans subordination
- General fluctuations of credit spreads
- Investors require a premium for taking on credit risk
- Lagging indicators of credit quality
- Selection of your credit spread class
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