Advice 1: How to reduce accounts payable

Accounts payable debt represents a debt of the entity (enterprise or physical person) to other organizations or individuals that the entity must repay. In this accounts payable debtusually occurs if the date of receipt of the goods, services or works does not coincide with the actual date of payment.
How to reduce accounts payable
Reduce accounts payable debt in several ways. Negotiate with your creditors with the goal of reaching a specific agreement with them (for example, discuss the postponement of payments).
Define the property which you will be able to implement to repay the debt.
Use every opportunity to attract new investors.
Create a system of reserves on doubtful debts. In this case, at the conclusion of contracts the company anticipates timely receipt of required payments. This system will allow you to form sources to cover losses, and also to have the most realistic characteristics of private financial condition of the company.
Develop a proactive system for collection of payments. This section of work with the debtors involves the following processes: perform the necessary procedures of interaction with their debtors in case of violation of the terms of debt payment, identify and enter the appropriate system of penalties for unscrupulous contractors.
Increase the size of the authorized capital by additional contributions of participants of the company or of deposits of third parties. To do this, create a special Protocol to increase the share capital (it must be determined the total cost of all additional deposits).
Replace the debtor in the obligation (translate the debt). The legislation provides for the possibility to transfer the debt to another person. In this case the entity that is the original debtor, out of a present obligation, and it takes place on any new debt. Generally, a new debtor , the debt is transferred in full.
At the same time for completing the transfer of debt requires that a creditor has consented in writing. This is done by signing of the agreement confirming the transfer of the debt.

Advice 2 : As evidenced by the increase in trade receivables

Accounts receivable are sums of money that are obligated to pay the organization's consumers, customers, and other receivables. Therefore, a receivable arises when goods or services of the company sold, but funds for them are received. Regardless of the maturity of this debt, it is usually attributed to working capital.
As evidenced by the increase in trade receivables
The organization of the debtors is not attractive, but in reality this often happens. For example, there was a shipment of goods to customers, with suppliers the firm has paid, workers got paid, but the contractor is not in a hurry to pay. When such actions occur intentionally, it can already be regarded as theft, the entrepreneur should seek protection of their rights in court. Other cases of receivables it is necessary to disassemble and analyze.
By the end of 2013, accounts receivable state-owned companies: "Gazprom", "Rosneft" and "Transneft" to suppliers of pipes reached 50 billion rubles.

Analysis of receivables

First of all, the analysis is conducted in order to understand the current situation with the sales of the company. This procedure helps to identify the buyers of the debtor, which it is advisable to discontinue the provision of credit, as well as payers, who, conversely, should increase the size of trade credit. Competent analysis will help to determine optimal ways of increasing trade organization.

The accounts receivable is closely linked to payables, of which without correct preparation of the balance sheet. In accountancy, the inventory is a very important operation because compliance with the rules allows correct calculation of taxes on profit and added value. Otherwise, the entity will be prosecuted for breaking the law.

Management of receivables

The continuous increase of such debt creates for the organization serious problems. The desire to increase sales may lead to significant losses and even bankruptcy. Successful receivables management will help preserve the solvency of the organization and to prevent the shortage of working capital.
Accounts receivable is a negotiable asset of the organization.

The main control objective is to keep the debt at an optimal level for each enterprise is individual. The increase in trade debt means growth of non-payment for the shipment of products, which leads to lower current assets and solvency. Reducing spoke about the problems with sales and the reduction in trade credit provided by the company.

Procedures for receivables management include: developing a method for the implementation of the company's products with continuous cash flows, effective communication with counterparties to obtain debt, the optimization of the structure of the organization.
Is the advice useful?