Debtors are people or businesses who owe you money. As a business owner, proper management of your debtors will help you get paid faster and prevent bad debts. Prompt collection of debtors’ accounts will also help you maintain a healthy cash flow. Debtors management also involves keeping debtor records – this is a legal tax requirement.
PRS Management CC accounting firm based in Roodepoort Gauteng will assist you in the administration of your debtors by generating sales invoices and sending them to your clients on your behalf. This will enable you to focus more on expanding your client base as opposed to attending to and following up on outstanding debtor accounts yourself. We also offer the service of reconciling your debtor accounts and collection of payments.