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Credit Manager Basics

Credit risk can be defined as exposure to financial bad debt and financial loss resulting from customers who cannot pay to the terms of the seller, will not pay, or flat out, cannot pay.

The goal of credit management is to maximize sales using the extension of credit, profit maximization, while maintaining and managing acceptable industry bad debt levels. sales and pro Sound credit management involves finding the right balance in the risk/reward relationship between sales and bad-debt losses.

    Excluding Sales Tax
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