Is Your Accounts Receivable a Q4 Problem You Haven't Seen Yet? | Books & Backbone

Whatever is sitting in your 30-day receivables bucket today is at risk of becoming a 60-day problem by mid-October. Q4 extends payment timelines for everyone — holiday distractions, year-end cash management, accounts payable departments that slow in December. The slow-paying clients you have right now are going to be slower-paying clients in Q4.In this solo episode of Books & Backbone, Donna Harris walks through how to read your accounts receivable aging report for Q4, what each bucket is telling you, and exactly what to do about slow-pays before October 1 while the conversations are still easy.The collection calls you make in September happen in a normal business environment. The same calls in November happen in a compressed, distracted, everyone-is-busy environment. Same call. Harder conversation. Worse outcome.Pull the report. Make the calls. Before October gets here.Donna Harris, MBA, MAccCEO, Bookkeeping Made Simple LLCmysimplebookkeeping.com | 801-692-0032