Keep AR Cash Flowing In

October 24, 2013
Hosted by Angela Sharpe

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Episode Description

Accounts receivable represents money owed by companies to the supplier of goods or services on credit. In most business entities, the process for A/R is typically generating an invoice and either mailing or electronically delivering it to the customer. Payments are mde and received within an established timeframe, called credit terms or payment terms. The A/R team is in charge of receiving funds on behalf of a company and applying it towards their current outstanding balances. Collections occur when payments are not received timely, based upon the terms of sales. A common payment term is Net 30 days but other terms include Net 45, Net 60 and 30 days end of month. An A/R Age Analysis is divided in categories for current, 30 days, 60 days, 90 days or longer. Customer Aging Report reflects the age or how old the balances are. Instead of writing off your profits and diminishing your cash flow, join Abe and me for an in depth conversation about your AR and getting that cash flowing in.

A Sharpe Outlook: Best Practices For Success

A Sharpe Outlook: Best Practices For Success

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A Sharpe Outlook provides business discussions that enable entrepreneurs, visionaries and business owners the insight needed to achieve self-determination and empowerment. Through our industry specific educational materials and toolkits, WE OFFER businesses the opportunity to develop strong business infrastructure, information technology, strong governance and a skilled workforce. We answer your concerns with today’s industry experts. With our Ask Me segment, we answer your specific questions and gauge our programming to meet you at the point of need.

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Angela Sharpe

Angela Sharpe

Angela Sharpe is the talk show host for A Sharpe Outlook. Statistically, most businesses fail in the first three years. With her holistic style, she makes difficult information very easy to understand. What you don't know can hurt you, so the mission is always sharing information and best practices in order to achieve success. She develops and shares business tools to help avoid pitfalls. She is an author and a conference presenter in the areas of Housing, Grants, Strategic Planning, Financial Management, Budgeting, Audit, Start-ups, Business Development, Process re-engineering, Systems, Credit, Resources and other operational information. Angela is a seasoned professional with over thirty five years of experience at a senior management level and possesses considerable skill gained from numerous organizations and industries. She has worked for Fortune 500 to Fortune 100 companies and is a conference presenter for existing businesses and start-ups. The industries covered in her years of experience, are retail, consumer goods, software, gaming, banking, manufacturing and nonprofits. Currently, she develops curriculum and training materials for use in private industry, native communities, nonprofits and women/minority owned businesses. She is a leadership trainer and coach using webinars. For additional information, visit www.asharpeoutlook.com.

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