Remove Account Receivables Remove Collections Remove Corporation Tax
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Quick Ratio: A Liquidity Metric for Small Businesses

Counto

It includes cash, marketable securities, and accounts receivable—assets that can be quickly converted into cash within 90 days. High Dependency on Receivables: If a significant portion of your assets is in accounts receivable, your liquidity is dependent on the timeliness of customer payments.

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Managing Finances and Accounting in Singapore’s Beauty and Spa Industry

Counto

Monitor Accounts Receivable Timely Follow-Up: Regularly review accounts receivable and follow up on overdue payments to ensure steady cash flow. Efficient Collections: Implement procedures for managing collections to expedite payments and reduce outstanding debts. Analyse Financial Reports Regularly 4.1