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If you consistently have customers who are slower to pay than others, you might have to consider revoking their credit, at least temporarily. Don’t let “being nice” get in the way of your business’s cash flow health. But if John’s invoice was due on December 31, 2019, it would...

Such as following up on late payments and communicating with patients to set up payment plans. Understand credit balances in accounts receivable, their causes, and solutions. The aging report can show you how much money is “out there” waiting to come in. If you know what to...