The administration of accounts receivable and its control as vital elements for the proper business operation

Abstract

The management of accounts receivable is one of the most important tools that managers of any company have to optimize working capital, and the control of these contributes significantly to an efficient economic-financial management. The proper management and control of accounts receivable will be of vital importance for any business as the credit policies of each company or organization come into force facilitating the economic and financial operations as well as the decision-making process of an entity. In this sense the purpose of this research was to perform an analysis of those theoretical foundations of these processes to contribute to a better understanding of their operations in each of the institutions, and thus combat any deficiency or error that was present today, due to ignorance of these. The research is composed of the introduction, the development, and the conclusions.