Receivable-Current Asset Receivable-Sundry Debtors Aged Receivable

Accounts Receivable Aged

0

0 to 1 Month 4nos

Target

<40%

1%

Achieved

0

1 to 3 Months 24nos

Target

<20%

75%

Achieved

0

3 to 6 Months 14nos

Target

<15%

12%

Achieved

0

6 to 9 Months 3nos

Target

<10%

4%

Achieved

0

9 to 12 Months 16nos

Target

<10%

1%

Achieved

0

More then a Year 12nos

Target

<5%

7%

Achieved

Tips

Set Collection Target

X

Develop A Credit Policy. An effective debt collection strategy begins with clearly outlining the terms and conditions customers should fulfill in order to establish credit. Set a collection target for specified employee to monitor the debt and collect dues as per target.

Set Collection Target