Management of Receivables and Payables in the Operation of Enterprises

Abstract

Problem solving of ensuring efficient operation of the company is largely provided by the level of organization and efficiency of methodology for accounting receivables buyers, customers and other businesses and individuals. This article examines the importance of economic relations and ways of managing receivables and payables. It also gives external information about the reasons for the emergence of receivables and payables and advices to maintain the solvency and financial stability of the enterprises.