Accounting

Question

Accounting

1 month ago

Hello, can you help me with the following topics?
Credit sale policy definition and elements .
The importance of credit policy.
How do we create a credit policy.
How do we evaluate the efficiency of credit policy.

Matthew Viator · Answer 1 · 2020-04-29

Instituting a sound credit policy is crucial for every construction business. And, without one, it’s hard to take an organized approach to recover your receivables. Levelset has some great content on the topic – and I think these resources below will be really valuable to you.

– Credit Policy: Breakdown of Construction Credit Policies
– Importance of a Credit Policy
– 10 Things to Consider When Writing A Credit Policy

Disclaimer: The information presented here is not legal advice and should not be construed as such. Rather, this content is provided for informational purposes. Do not act on this information as if it is advice. Further, this post does not create any attorney-client relationship. If you do need legal advice, seek the help of a local attorney.