{"id":6216,"date":"2023-09-07T13:39:11","date_gmt":"2023-09-07T13:39:11","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-egypt\/?p=6216"},"modified":"2024-08-21T14:18:37","modified_gmt":"2024-08-21T14:18:37","slug":"accounts-receivable-solutions-collection-agency","status":"publish","type":"post","link":"https:\/\/alwadiholding.com\/aw-egypt\/accounts-receivable-solutions-collection-agency\/","title":{"rendered":"Accounts Receivable Solutions In Debt Collection Companies!"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6216\" class=\"elementor elementor-6216\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-37342505 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"37342505\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53aca94 cspt-bg-color-over-image\" data-id=\"53aca94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3ba83c03 elementor-widget elementor-widget-text-editor\" data-id=\"3ba83c03\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Maintaining a healthy cash flow is essential for businesses, and effective receivable solutions payment plays a crucial role in this\u00a0accounts receivable services, provided by <strong>AW Egypt<\/strong>, offer a comprehensive approach to managing outstanding payments and recovering it.\u00a0<\/p><p>The solution encompasses a range of services, from invoicing to payment reminders to more assertive early collection activities.\u00a0<\/p><p><strong>In this blog<\/strong> we will tell you how AW Egypt the accounts receivable management collection agency can help businesses enhance their overall financial health and position themselves for long-term success.\u00a0<\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45df198 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45df198\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6c4ab4a cspt-bg-color-over-image\" data-id=\"6c4ab4a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c6f0bad elementor-widget elementor-widget-text-editor\" data-id=\"c6f0bad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span style=\"font-size: 24pt;color: #642b3e\">AW Egypt: Accounts Receivable Services process<\/span><\/h2><p>The mission of accounts receivable services for any firm consists of two major parts:\u00a0<\/p><p><span style=\"font-size: 14pt\"><strong>The Accounting Part:<\/strong><\/span> Bookkeeping all transactions of accounts receivable and deferred sales made by the company during a specific period correctly and accurately.\u00a0<\/p><p><span style=\"font-size: 14pt\"><strong>The Collection Part:<\/strong><\/span> Is tracking and securing all the payments of these accounts receivable solutions to make sure they are collected or paid at the actual agreed time.\u00a0<\/p><p>And here comes the role of the receivable solutions collection agency (AW Egypt), to maintain the cash flow running for the company without any disruption to meet all your financial obligations and minimize the risk of bad debts.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b0b69a cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b0b69a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-794e8b4 cspt-bg-color-over-image\" data-id=\"794e8b4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c9f8121 elementor-widget elementor-widget-elementskit-drop-caps\" data-id=\"c9f8121\" data-element_type=\"widget\" data-widget_type=\"elementskit-drop-caps.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"ekit-wid-con\" >\t\t<div class=\"ekit-dropcap-wraper\">\n\t\t\t\t\t\t<p class=\"ekit-dropcap-cotnent\">LAw Holding, the accounts receivable solutions can be tailored to your specific needs, accounting &amp; financial system, find out how from here. <\/p>\n\t\t\t\t\t<\/div>\n        <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-99394ad cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"99394ad\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8cac1ed cspt-bg-color-over-image\" data-id=\"8cac1ed\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa31e56 cspt-btn-shape-rounded elementor-align-center cspt-btn-color-globalcolor cspt-btn-style-flat elementor-widget elementor-widget-button\" data-id=\"aa31e56\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/aw-receivable-management-service\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">AW Holding Process!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9724b20 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9724b20\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-45c2258 cspt-bg-color-over-image\" data-id=\"45c2258\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de47b03 elementor-widget elementor-widget-text-editor\" data-id=\"de47b03\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span style=\"font-size: 24pt;color: #642b3e\">How do\u00a0accounts receivable management companies\u00a0work?\u00a0<\/span><\/h2><p>In AW Holding, our role with accounts receivable services starts right after you make the sale with your client and send over the merchandise, then here we step in with the following actions:\u00a0<\/p><ul><li><h3><span style=\"font-size: 18pt\">Invoicing and Delivery:\u00a0\u00a0<\/span><\/h3><\/li><\/ul><p>We receive the invoices for the products sold and delivered by the client and after issuing the invoices we receive them from the client, calculating accounts receivable\u00a0and deliver them to the customer who made the purchase and received the goods.\u00a0<\/p><ul><li data-leveltext=\"%1.\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:0,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[65533,0],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;%1.&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><h3><span style=\"font-size: 18pt\">Informing Disputes:\u00a0<\/span><\/h3><\/li><\/ul><p>Disputes are likely to occur when receiving orders, the customer may find that he did not receive the item he agreed upon, or received at all, it may be some missing or incorrect items, there were defects or damage to the products, or it could be a false dispute, so that upon disputes the customers (buyer) doesn\u2019t want accept the invoices so we immediately raise flag to the client (seller) and send over back the disputes with all the concerns so the (seller) can solve it immediately, to ensure customer satisfaction invoices are correct for collection.\u00a0<\/p><ul><li data-leveltext=\"%1.\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:0,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[65533,0],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;%1.&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><h3><span style=\"font-size: 18pt\">Sending Reminders:\u00a0<\/span><\/h3><\/li><\/ul><p>After the invoices are being accepted from the customers, we start establishing a form of communication with the (buyers) to send a certain number of emails, conducting phone calls and field visits based on a designed timeline to ensure the payment delivery on time.\u00a0<\/p><ul><li><h3><span style=\"font-size: 18pt\">Payment Collections:\u00a0<\/span><\/h3><\/li><\/ul><p>That the mainstream of accounts receivable services, when the agreed dates for collecting the payments from the customers (buyers) came, we collect through different methods, it could be in a form of bank transfer, cheques to be cash out or in cash, we work as the middleman in here collecting the full amount from (buyers) and deliver it to the (seller).\u00a0\u00a0<\/p><ul><li><h3><span style=\"font-size: 18pt\">Reporting:\u00a0<\/span><\/h3><\/li><\/ul><p>After delivering the money to the client of his sold goods, we send also a detailed report for the actions that has been made during the early collection process, what we have achieved and the impact of our role on your business by decreasing the DSO (Days sales outstanding), and average day of collection before and after dealing with us, also we provide recommendations about the customers (buyers) based on data like receivable ageing and turn over, to help you decide to deal with them again or how to enhance the terms and condition of your business transactions with them.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62f432f elementor-widget elementor-widget-image\" data-id=\"62f432f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"703\" height=\"657\" src=\"https:\/\/alwadiholding.com\/aw-egypt\/wp-content\/uploads\/sites\/7\/2023\/09\/Colorful-Steps-Silhouette-Diagram-1.webp\" class=\"attachment-medium_large size-medium_large wp-image-7454\" alt=\"accounts receivable solutions\" srcset=\"https:\/\/alwadiholding.com\/aw-egypt\/wp-content\/uploads\/sites\/7\/2023\/09\/Colorful-Steps-Silhouette-Diagram-1.webp 703w, https:\/\/alwadiholding.com\/aw-egypt\/wp-content\/uploads\/sites\/7\/2023\/09\/Colorful-Steps-Silhouette-Diagram-1-300x280.webp 300w\" sizes=\"(max-width: 703px) 100vw, 703px\" data-id=\"7454\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f1330b4 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f1330b4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fd0607 cspt-bg-color-over-image\" data-id=\"0fd0607\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9f932b6 elementor-widget elementor-widget-text-editor\" data-id=\"9f932b6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><span style=\"color: #642b3e\">3 Ways to improve your account receivable collections with AW Egypt:<\/span><\/h3><h3><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/h3><h3><span style=\"font-size: 18pt\">1. Simplify payment options for Clients: \u00a0<\/span><\/h3><p><span data-contrast=\"auto\">Sometimes the customer doesn\u2019t mind immediate paying, but the obstacle here lies in the payment method itself.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">For example, some clients want to pay in cash, but you prefer receive payments through bank transfer and vice versa, some clients could pay with a local currency what equals the foreign currency of the goods purchased faster, or even make the payment on an installment basis.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">So, you need to provide flexibility with the payment options to ensure faster collection<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span style=\"font-size: 18pt\">2. Early payment discount:\u00a0<\/span><\/h3><p><span data-contrast=\"auto\">Accounts receivable management companies<\/span><span data-contrast=\"auto\"> sometimes recommend offering an early payment discount after agreeing with the clients to motivate the early payments for clients.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">For example, we can offer a specific percentage discount if the (buyer) pays the full amount 2 weeks earlier and so.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">It depends on the industry, amount of sales and urgent need for cash based on every company.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span style=\"font-size: 18pt\">3. Fast Follow Up:\u00a0<\/span><\/h3><p><span data-contrast=\"auto\">Receivable age is a crucial aspect for collecting it, the longer the accounts receivable stay uncollected the higher the chances of not collecting could be.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">So, maintaining regular time lined and fast follow ups raise your chances for collecting what you have already sold, and doing this activity needs manpower or integrated system which are heavy cost options than outsourcing an <\/span><span data-contrast=\"auto\">accounts receivable services <\/span><span data-contrast=\"auto\">agency.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9431a1f cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9431a1f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a9bcfb cspt-bg-color-over-image\" data-id=\"2a9bcfb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b65e5f1 cspt-btn-shape-rounded elementor-align-center cspt-btn-color-globalcolor cspt-btn-style-flat elementor-widget elementor-widget-button\" data-id=\"b65e5f1\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us now !<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-94e8184 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"94e8184\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a2f90a4 cspt-bg-color-over-image\" data-id=\"a2f90a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34b62ed elementor-widget elementor-widget-text-editor\" data-id=\"34b62ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 24pt\"><strong><span style=\"color: #642b3e\">In conclusion:\u00a0<\/span><\/strong><\/span><\/p><p>Accounts receivable services are the key to ensuring your business gets paid on time and efficiently. By partnering with AW Egypt, you can streamline your accounts receivable solutions and process and improve your cash flow.\u00a0\u00a0<\/p><p>With customizable accounts receivable services to fit your unique business needs, you can have peace of mind knowing that your receivables are in good hands.\u00a0<\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2f4cd73 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2f4cd73\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-438d849 cspt-bg-color-over-image\" data-id=\"438d849\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6fb4501 elementor-widget elementor-widget-heading\" data-id=\"6fb4501\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h4 class=\"elementor-heading-title elementor-size-default\">FAQs<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75247bf elementor-widget elementor-widget-accordion\" data-id=\"75247bf\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-accordion{text-align:start}.elementor-accordion .elementor-accordion-item{border:1px solid #d5d8dc}.elementor-accordion .elementor-accordion-item+.elementor-accordion-item{border-top:none}.elementor-accordion .elementor-tab-title{margin:0;padding:15px 20px;font-weight:700;line-height:1;cursor:pointer;outline:none}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{display:inline-block;width:1.5em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon svg{width:1em;height:1em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-right{float:right;text-align:right}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-left{float:left;text-align:left}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-closed{display:block}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-opened,.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-closed{display:none}.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-opened{display:block}.elementor-accordion .elementor-tab-content{display:none;padding:15px 20px;border-top:1px solid #d5d8dc}@media (max-width:767px){.elementor-accordion .elementor-tab-title{padding:12px 15px}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{width:1.2em}.elementor-accordion .elementor-tab-content{padding:7px 15px}}.e-con-inner>.elementor-widget-accordion,.e-con>.elementor-widget-accordion{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1221\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1221\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What happens if you pay the original creditor instead of the collection agency? <\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1221\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1221\"><p><span class=\"TextRun SCXW56775340 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW56775340 BCX0\">If the creditor sold the debt<\/span><\/span> <span class=\"TextRun Highlight SCXW56775340 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW56775340 BCX0\">accounts and receivables<\/span><\/span><span class=\"TextRun SCXW56775340 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW56775340 BCX0\">\u00a0to the debt collection company, you can\u2019t pay or negotiate with the creditor anymore because he is no longer owns the debt, but if th<\/span><span class=\"NormalTextRun SCXW56775340 BCX0\">e debt still owned by the creditor and he hired a collection agency to recovery the debt on behalf o<\/span><span class=\"NormalTextRun SCXW56775340 BCX0\">f him, you would pay the creditor directly or through the collection agency as they are the middleman <\/span><span class=\"NormalTextRun SCXW56775340 BCX0\">here.<\/span><\/span><span class=\"EOP SCXW56775340 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1222\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1222\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is the difference between Account Receivables and Accounts Payable? <\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1222\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1222\"><p><span class=\"TextRun SCXW51238239 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW51238239 BCX0\">accounts payable receivable <\/span><span class=\"NormalTextRun SCXW51238239 BCX0\">are two major components in any firm working <\/span><span class=\"NormalTextRun SCXW51238239 BCX0\">capital, <\/span><\/span><span class=\"TextRun Highlight SCXW51238239 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW51238239 BCX0\">calculating accounts receivable<\/span><\/span><span class=\"TextRun SCXW51238239 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW51238239 BCX0\"> or receiv<\/span><span class=\"NormalTextRun SCXW51238239 BCX0\">ables refers to the money that the company owe from customers for goods or services sold on credit, while accounts payable refers to the money that <\/span><span class=\"NormalTextRun SCXW51238239 BCX0\">the company owe to other like suppliers and vendors for goods and services <\/span><span class=\"NormalTextRun SCXW51238239 BCX0\">purchased<\/span><span class=\"NormalTextRun SCXW51238239 BCX0\"> on credit.<\/span><\/span><span class=\"EOP SCXW51238239 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1223\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1223\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\"> When does the account become receivable? <\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1223\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1223\"><p><span class=\"TextRun Highlight SCXW110165575 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW110165575 BCX0\">Accounts a<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">nd <\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">rece<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">ivab<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">les<\/span><\/span><span class=\"TextRun SCXW110165575 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW110165575 BCX0\"> are accounti<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">ng terms and receivable means <\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">If the money for the services or goods sold <\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">on credit <\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">do<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">esn\u2019t<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\"> b<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">eing<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\"> collec<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">ted yet t<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">he acco<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">unt <\/span><span class=\"NormalTextRun SCXW110165575 BCX0\">is still<\/span> <span class=\"NormalTextRun SCXW110165575 BCX0\">receivable<\/span><span class=\"NormalTextRun SCXW110165575 BCX0\"> in our accounting records.<\/span><\/span><span class=\"EOP SCXW110165575 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1224\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1224\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">When do the accounts payable turn to receivables? <\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1224\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1224\"><p><span class=\"TextRun Highlight SCXW188639258 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW188639258 BCX0\">Accounts payable receivable<\/span><span class=\"NormalTextRun SCXW188639258 BCX0\">,<\/span><\/span><span class=\"TextRun SCXW188639258 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW188639258 BCX0\">when<\/span><span class=\"NormalTextRun SCXW188639258 BCX0\"> accounts payable (debts owed to a company) turn into accounts receivable, <\/span><span class=\"NormalTextRun SCXW188639258 BCX0\">it&#8217;s<\/span><span class=\"NormalTextRun SCXW188639258 BCX0\"> often a sign of a successful business transaction, such as a sale on credit. This process is called &#8220;aging&#8221; or &#8220;collection.&#8221; Made by a sales deal, as a vendor or supplier bought a service or a product <\/span><span class=\"NormalTextRun SCXW188639258 BCX0\">on credit <\/span><span class=\"NormalTextRun SCXW188639258 BCX0\">from you,\u00a0their invoice, the payable is settled, and the company&#8217;s receivable increases.<\/span><\/span><span class=\"EOP SCXW188639258 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1225\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-1225\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can Accounts Receivable be collected? <\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1225\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-1225\"><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\"><p>Sure, accounts receivable considered as short term asset that can be converted into cash within <span style=\"font-size: 14pt\"><strong>1 to 3 months<\/strong><\/span> and it&#8217;s easier to be collected than other form of debts like the bad debts that considered the hardest kind of debts to be collected.<\/p><span class=\"ui-provider a b c d e f g h i j k l m n o p q r s t u v w x y z ab ac ae af ag ah ai aj ak\" dir=\"ltr\">\u00a0<\/span><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What happens if you pay the original creditor instead of the collection agency?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW56775340 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">If the creditor sold the debt<\\\/span><\\\/span> <span class=\\\"TextRun Highlight SCXW56775340 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">accounts and receivables<\\\/span><\\\/span><span class=\\\"TextRun SCXW56775340 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">\\u00a0to the debt collection company, you can\\u2019t pay or negotiate with the creditor anymore because he is no longer owns the debt, but if th<\\\/span><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">e debt still owned by the creditor and he hired a collection agency to recovery the debt on behalf o<\\\/span><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">f him, you would pay the creditor directly or through the collection agency as they are the middleman <\\\/span><span class=\\\"NormalTextRun SCXW56775340 BCX0\\\">here.<\\\/span><\\\/span><span class=\\\"EOP SCXW56775340 BCX0\\\" data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"What is the difference between Account Receivables and Accounts Payable?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW51238239 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">accounts payable receivable <\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">are two major components in any firm working <\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">capital, <\\\/span><\\\/span><span class=\\\"TextRun Highlight SCXW51238239 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">calculating accounts receivable<\\\/span><\\\/span><span class=\\\"TextRun SCXW51238239 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\"> or receiv<\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">ables refers to the money that the company owe from customers for goods or services sold on credit, while accounts payable refers to the money that <\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">the company owe to other like suppliers and vendors for goods and services <\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\">purchased<\\\/span><span class=\\\"NormalTextRun SCXW51238239 BCX0\\\"> on credit.<\\\/span><\\\/span><span class=\\\"EOP SCXW51238239 BCX0\\\" data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"When does the account become receivable?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun Highlight SCXW110165575 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">Accounts a<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">nd <\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">rece<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">ivab<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">les<\\\/span><\\\/span><span class=\\\"TextRun SCXW110165575 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\"> are accounti<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">ng terms and receivable means <\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">If the money for the services or goods sold <\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">on credit <\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">do<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">esn\\u2019t<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\"> b<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">eing<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\"> collec<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">ted yet t<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">he acco<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">unt <\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">is still<\\\/span> <span class=\\\"NormalTextRun SCXW110165575 BCX0\\\">receivable<\\\/span><span class=\\\"NormalTextRun SCXW110165575 BCX0\\\"> in our accounting records.<\\\/span><\\\/span><span class=\\\"EOP SCXW110165575 BCX0\\\" data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"When do the accounts payable turn to receivables?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun Highlight SCXW188639258 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">Accounts payable receivable<\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">,<\\\/span><\\\/span><span class=\\\"TextRun SCXW188639258 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"> <span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">when<\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\"> accounts payable (debts owed to a company) turn into accounts receivable, <\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">it&#8217;s<\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\"> often a sign of a successful business transaction, such as a sale on credit. This process is called &#8220;aging&#8221; or &#8220;collection.&#8221; Made by a sales deal, as a vendor or supplier bought a service or a product <\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">on credit <\\\/span><span class=\\\"NormalTextRun SCXW188639258 BCX0\\\">from you,\\u00a0their invoice, the payable is settled, and the company&#8217;s receivable increases.<\\\/span><\\\/span><span class=\\\"EOP SCXW188639258 BCX0\\\" data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"Can Accounts Receivable be collected?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\"><p>Sure, accounts receivable considered as short term asset that can be converted into cash within <span style=\\\"font-size: 14pt\\\"><strong>1 to 3 months<\\\/strong><\\\/span> and it&#8217;s easier to be collected than other form of debts like the bad debts that considered the hardest kind of debts to be collected.<\\\/p><span class=\\\"ui-provider a b c d e f g h i j k l m n o p q r s t u v w x y z ab ac ae af ag ah ai aj ak\\\" dir=\\\"ltr\\\">\\u00a0<\\\/span><\\\/div>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Maintaining a healthy cash flow is essential for businesses, and effective receivable solutions payment plays a crucial role in this\u00a0accounts receivable services, provided by AW Egypt, offer a comprehensive approach to managing outstanding payments and recovering it. The solution encompasses a range of services, from invoicing to payment reminders to more assertive early collection activities. In this blog we will tell you how AW Egypt the accounts receivable management collection[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7458,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"jetpack_featured_media_url":"https:\/\/alwadiholding.com\/aw-egypt\/wp-content\/uploads\/sites\/7\/2023\/09\/Website-Blogs-pics-1-2.webp","_links":{"self":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6216"}],"collection":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/comments?post=6216"}],"version-history":[{"count":59,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6216\/revisions"}],"predecessor-version":[{"id":7484,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6216\/revisions\/7484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/media\/7458"}],"wp:attachment":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/media?parent=6216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/categories?post=6216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/tags?post=6216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}