πŸ’° FINTAX KNOW YOUR NUMBERS — TRADE RECEIVABLES

 πŸ’° FINTAX KNOW YOUR NUMBERS — TRADE RECEIVABLES

You made the sale… but did you collect the money?

Trade receivables are amounts your customers still owe you for goods or services supplied on credit. A high or ageing receivable balance can keep your cash stuck with customers, while low receivables are not automatically good — what matters is how quickly and reliably you collect.

πŸ” Don’t just look at the total. Check the age of your outstanding money.

Set clear credit terms → Invoice promptly → Follow up → Review ageing → Collect on time.

πŸ“Š Sales show what you sold. Collections show what you actually received.

Know your numbers. Know where your money is.



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