Year-end carryover of accounts receivable

Accounts receivable do not need to be carried forward, if accounts receivable have a credit balance at the end of the year should be carried forward to accounts payable.

Paid-in capital does not need to be carried forward, finance costs, non-operating expenses at the end of the year to the current year's profit account, other receivables do not need to be carried forward, but also depends on whether it is a balance in the debit or credit, if in the credit to other accounts payable account.

Broadly speaking, accounts receivable management is divided into two stages:

The first stage is, from the beginning of the establishment of the claim to the accounts receivable due date of the period of time of management, that is, before the delinquency of the account management;

The second stage is, after the due date of the receivable of the accounts receivable management, that is, after the delinquency of the account management. In order to make a distinction between these two stages of management, credit management organizations often refer to the management of accounts before they become delinquent as accounts receivable management (i.e., accounts receivable management in a narrow sense), and the management of accounts after they become delinquent is called commercial debt collection.

Expanded Information

Enterprises, in order to strengthen the management of accounts receivable, on the basis of the general ledger, and by the name of the credit customers set up a detailed ledger, to record in detail, sequential record of the transactions with each credit customer.

The role of accounting is to provide information relevant to decision-making, and the accounts receivable ledger plays this role in the management of accounts receivable. However, the correctness of decisions will also depend on the characteristics of the information such as relevance, reliability, timeliness and completeness. Therefore, for the accounts receivable ledger set up and registration should usually pay attention to the following points:

(1) all credit sales business should be correct, timely, detailed logging of the customer's ledger, at any time to reflect the credit situation of each customer, according to the need to set up a special diary to reflect the credit situation;

(2) the whole process of the credit business should be divided into the palm of the hand, such as registration, filling in the ledger, the credit situation of the customer. Such as registering the ledger, fill in the credit customer credit bill, to the credit customer delivery or mailing bill and handling of customer income cash, etc., should be assigned to a person responsible for;

(3) ledger should be regularly reconciled with the general ledger.