Accounts receivable and payable management: the aspect of ensuring financial stability

Accounts receivable and payables management plays an important role in ensuring the stable position of the economic system of an economic entity in modern circumstances. The rational management of accounts receivable and payables proceeds from the goal - to ensure the balance and optimization of their values. To strengthen the financial condition, a step-by-step algorithm for managing them is proposed, which makes it possible to identify existing problems in order to take timely measures to prevent the loss of a stable position.