Keeping Your Accounts and Bad Debts in Check
Keeping on top of your accounts and bad debts is crucial, particularly in today's economic climate where businesses and clients alike are looking to get the most out of every dollar. Keeping track of your accounts is critical and chasing bad debts, although tough, is essential to your business's success.
NECA SA/NT has some useful tools available to assist members initiate their first formal (i.e. legal) step in the debt collection process, with a Debt Collection Procedure available by logging in and the 'Rule 20A Notice' and 'Rule 20A Letter' available from the NECA SA/NT office.
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