Common rules and responsibilities in Account Receivable

 What is the common rules and responsibilities in account receivable?

1. Familiarities with advanced formula in Microsoft excel and other Microsoft office.
2. Professional : We understand that, some debtors might raise their own problems like this like that to make them no money cannot pay. But in business view, we must understand the firms/business process, before they supply products or services, they have to expense on cost and capital and other processing expenses, what they wish from their products and services? Its profit. What happen if they cannot get payment from their product or services
3. Self-Confident: Whenever you talk to the debtor, make sure you talk with self-confident and clear about the purpose.
4. Negotiation Skill: Collection and follow up in order to get the payment is demanded the negotiation skill. Negotiate between whatever we need and what is the suggestion from the debtor.
5. Confidentiality: Any information or data related to debtors or the firm that you work for shall be kept in secret, never ever share it to the third person.
6. Creative, analytical and research: Dealing with debtors or chase the receivable money from selling services or goods is very challenge. Be flexible, creative to deal with the problem and also be able to analyze about the expectation of collection and bad debt.
7. Problem-solving attitude: Debtors like to raise their problems or can be aggressive to you, be ready for that, calm your mind and solving with genius professional attitude.
8. AR Reconcile: After we chase for payment, we knock off outstanding, it should have weekly or monthly AR reconcile to make sure what we did is correctly to the system or other AR record.