Research on Accounts Receivable Management of Small and Medium-Sized Food Enterprises in China:Taking Suzhou Chaojie Company as an Example

Lei Sun

doi:10.62051/0s8yat02

Authors

Lei Sun

DOI:

https://doi.org/10.62051/0s8yat02

Keywords:

accounts receivable; credit sales; risk control.

Abstract

The operation and development of small and medium-sized food enterprises in China can be regarded as a relatively stable existence.After all, no matter how the society develops, the first step for people is to solve the problem of eating.Even if restaurants are frequently shut down and deliveries are blocked, food companies should not face a crisis of survival.However, the main food condiment of the super Jie company sales decline in recent years is not very large, but the company has suffered substantial losses, and even faced the risk of bankruptcy.This paper mainly based on the food enterprise Chaojie company's accounts receivable status in recent years, firstly analyzed the company's accounts receivable scale, development trend and accounts receivable management status.Then analyze the causes of the bad situation of accounts receivable and put forward reasonable and legal countermeasures and specific suggestions.It is hoped that this paper can improve the daily management of accounts receivable of Chaojie Company and optimize the daily management structure of the enterprise.Finally, it is hoped that through the study of Chaojie Company, it can provide optimization suggestions for China's small and medium-sized food enterprises in the management of accounts receivable.

Downloads

Download data is not yet available.

References

[1] Ala'a Adden A. Abuhommous. The Impact of Offering Trade Credit on Firms' Profitability[J]. Journal of Corporate Accounting & Finance, 2017, 28(6):29-40.

[2] Payanok T.M. Internal control system of accounts receivable: directions of perfection[J]. Problemi Teoriï ta Metodologiï Buhgaltersʹkogo Obliku, KontrolûAnalizu, 2019,1(42):58-63.

[3] Accounts receivable and its terms[J]. Accounting & Marketing,2021,10(11).

[4] Pavlova K.A. and Bikchantaeva D.K. Main trends of corporation accounts receivable optimization[J]. Journal of Environmental Treatment Techniques, 2019, 7(Special Issue): 939-943.

[5] Li Aiqin. Discussion on internal control of account receivable of small and medium-sized enterprises[C]//. Proceedings of 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019) (Advances in Social Science, Education and Humanities Research.2019.056576.

[6] Wang Mengyu. An Analysis of the Problems Existing in Internal Control of Accounts Receivable—A Case Study of Haier Group[C]//. Proceedings of 2017 4th International Conference on Machinery, Materials and Computer (MACMC 2017).

[7] M. Marinov and G. Angelov. STREAMLINING THE MANAGEMENT OF CORPORATE ACCOUNTS RECEIVABLE [J]. Российский технологический журнал, 2018, 6(2): 67-81.

[8] Fisher B, Houmes G. Accounts receivable: patient refunds and credits needn't be a pain. [J]. Hospital financial management, 1980, 34(12).

[9] HEYD E H. Who's accountable for accounts receivable. [J]. Modern hospital,1958,90(6).