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debtor management

Posted in on Feb 20th, 2014 | 0 comments

Debtor management means the process of decisions relating to the investment in business debtors.

In credit selling, it is certain that we have to pay the cost of getting money from debtors and to take some risk of loss due to bad debts. To minimize the loss due to not receiving money from debtors is the main aim of debtor management.