Year: 2021
Type: article
Abstract: The definition of receivables and its importance in the effective functioning of the enterprise is given. Taking into account the main stages of conductinga comprehensive analysis of receivables, developed an organizational and economic model of receivables analysis for the company, which defines thecomposition and structure of receivables, analysis of deviations and trends in changes in receivables for the period. It is stated that when makingmanagement decisions on the management of receivables should take into account all the factors and reasons that affect its occurrence. An assessmentof the size, structure and dynamics of receivables on the example of the financial statements of the food industry were performed. To determine theability to settle with creditors at the expense of receivables, the ratio of its ratio to accounts payable is calculated. The importance of constant controland monitoring of funds in settlements with debtors was determined, as well as the impact of receivables on the financial condition of enterprises -liquidity, solvency, financial stability, competitiveness and more. Different opinions of specialists on receivables management models to increase theefficiency of the business entity are considered. It is proposed to improve the turnover of working capital, prevent losses from overdue and badreceivables, as well as to cover losses from their late return, improve the management of receivables in enterprises through the use of collection:providing discounts for quick payment for products; factoring - sale of receivables; penalties for late payments. The necessary rules for achieving theoptimal amount of receivables are indicated.
Authors: Vladyslav Babenko, Svitlana Klepikova
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4320161698