Assessment of accounts payable and receivables management

The task of maintaining a stable position of the economic system of an economic entity is relevant in modern conditions of economic instability. An organization's activity will be successful if it pursues an effective strategy for managing accounts payable and receivables. The article discusses the specifics of assessing the management of accounts payable and receivables of an economic entity. A step-by-step algorithm is proposed for its implementation with the final stage of determining existing problems. Its use will make it possible to take timely measures to strengthen the solvency and financial stability of an economic entity.