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RE: Accounts receivable management and its impact on financial liquidity.
Hi @dgalan
In hyperinflationary economics, accounts receivable do not provide the desired benefit, on the contrary very high default interest rates are used that complicate the collection of these accounts.
Excellent article, thank you for sharing this information.
Happy Sunday.
Regards.
Greetings @ janettyanez. Undoubtedly any debt in these hyperinflationary times is difficult to collect, there is no theory that theoretically explains the situation of the country and companies are looking for strategies to be able to stay in time. However, it has been proven that accounts payable are best recorded as uncollectible accounts in order to have a better reflection of the economic situation of the company.
Thank you very much for your comments