Accounts receivable: essence, classification, controlling mechanism
V. I. Veretennikov, V. V. Khrapkina
Makiyivka Institute of Economics and the Humanities
Annotation: Market relations mean a close cooperation between contractors. Competition available practically in all kinds of economic activity causes a necessity of conducting a more flexible competitive policy with the help of non- price methods, one of which is realization of goods (rendering of services, performance of works) at a delay of payment. It is obvious that such methods cause a growth of accounts receivable of a seller and undermine its solvency. This article reveals the essence of accounts receivable on the basis of the analysis of the existing approaches to the investigation of the given problem. There are also stated and generalized the knowledge concerning some ways of the classification of the accounts receivable. There is substantiated a necessity and worked out an algorithm of controlling accounts receivable, and described a complex of measures of repaying accounts receivable on an example of the utility enterprises.
Keywords: accounts receivable, classification, control of accounts receivable.
Pages: 19-28.
Link for citation: Veretennikov, V. I.; Khrapkina, V. V. Accounts receivable: essence, classification, controlling mechanism. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2008. – Vol. 4, N 1. – Р. 19-28. – URL: https://donnasa.ru/publish_house/journals/esgh/2008-1/03_veretennikov_hrapkina.pdf (date of access: 01.09.2024). (in Russian)
Vol. 4, N 1 (2008)Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture