Quote Originally Posted by ILuvDetailing
How do you collect overdue accounts from your customers? Lets say overdue for over a year? Please share your experiences. My cousin has this problem with several of their customers, yung iba umabot na ng 2 years, minsan pinapasoli na lang niya yung stock. On our part, our customer had an overdue account for almost 2 years, our secretary even went to their place to collect, buti naman nag bayad.
normally you have to monitor your clients/customers. IF they have reached beyond the terms of agreement (example 90 days), then stop delivery of goods until they pay. Also send them a statement of account regarding their dues.