Accounts receivable and payable: areas of optimization

One of the signs of an organization's investment attractiveness is the stability of its financial position and business reputation. These characteristics are directly influenced by the size of accounts receivable and accounts payable, their compliance with the volume of turnover of the organization, the number of counterparties with which the organization works, the presence of a positive credit history, legal proceedings regarding non-repayment of debts. Accounts receivable and payable are an integral part of the balance sheet of any enterprise. The article defines accounts receivable and accounts payable and describes the main methods of their management.