Management of Receivables: A Study of Selected Micro and Small Enterprises

When an enterprise makes an ordinary sale of goods and services and does not receive payment, the enterprise grants credit and creates accounts receivable, which would be collected in future. The problem of managing the accounts receivable required special attention as micro and small enterprises face many problems in monitoring the accounts receivable relating to collection problems, bad debts problems etc. The only alternative with the seller is to have restrain and control on the problems of accounts receivable. It was under this background that it was felt desirable to conduct an exhaustive study of the prospects and problems of management of receivables in the micro and small enterprises and suggest measures for overcoming the problems.