Island in the Net by Khürt Williams
Technology and Photography Musings. Established circa 2000.
Once your company’s efforts to collect prove fruitless, it may be time to turn to a collection agency. This will allow you to nail down a partial write-off. When you hand over uncollected invoices to an agency, you agree to pay a certain amount to the agency. You can treat the fee as fixing a partial write-off of your receivable immediately.
One of my clients has an invoice that is five months past due. Time to bring out the baseball bat.
Once your company’s efforts to collect prove fruitless, it may be time to turn to a collection agency. This will allow you to nail down a partial write-off. When you hand over uncollected invoices to an agency, you agree to pay a certain amount to the agency. You can treat the fee as fixing a partial write-off of your receivable immediately.
One of my clients has an invoice that is five months past due. Time to bring out the baseball bat. I know a few good lawyers.
