How to deal with default?

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As we have already mentioned, assessing default rates should be an integral part of all financial management processes. And taking action to reduce them needs to be at the heart of your planning , otherwise it could compromise the company's results.

Furthermore, it is necessary to use other accounting tools to ensure that the loss generated by possible delays in payments is minimized. One of the main ways to do this is through the so-called provision for doubtful debts, known as DTA.

It is done by entering amounts to cover the costs of defaulting indonesia phone number list that may occur. Normally, the calculation of this amount is based on the average of previous periods, always taking into account the economic scenario.

In any case, it is always worth investing in ways to reduce defaulting. In fact, having support from a company specialized in the subject is usually an excellent solution.

This is the case of Global, which offers the best solutions in various segments, including distribution, with all the quality assurance that only a company with years of experience can offer. All of this certainly contributes to financial management for distribution centers, which plays a fundamental role in the success of the business, as we have highlighted throughout the article.