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Degree
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leading consultant, Strategic Technology Department, ZAO NP Consult
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Articles
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As it is known, the accounts payable is a high liquidity asset. But the large amounts of the bad
debts bring about the substantial business expenses increase, actual profit and circulating assets
liquidity decrease and in the end they undermine the general financial stability of a business. Until
recently, the debts «zeroing» (including the 100 % prepayment) has been regarded as the one and
only means to manage the bad debts. In the situation when the competition is becoming increasingly fierce, if you take such a move, it will bring about the substantial sales volume decrease and the business’ market segment reduction. The article focuses on the practical aspects of dealing with the accounts payable, i. e. their
inclusion into the business accounting schemes and the way they influence the business financial
situation changes.
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