Question

State the methods of collecting overdue Accounts​

Answer 1

Phone the slow paying customer. Making direct contact with the person who handlesaccounts payable is the most effective wayto collect on overdue accounts. ... Follow up quickly when payment is later than expected. When a payment is past due, send a reminder or make a phone call.

Answer 2

Answer:

Phone the slow paying customer. Making direct contact with the person who handles accounts payable is the most effective way to collect on overdue accounts. Sending bill after bill quickly becomes a waste of time and energy. Work out a payment schedule.