First, the definition of bad debt rate
Bad debt rate refers to the proportion of bad debts in total accounts due to the inability of enterprises to recover accounts receivable in a certain period of time. It is an important index to reflect the financial status and recovery ability of enterprises, and also an important standard to assess the financial status of enterprises.
Second, the calculation method of bad debt rate
1. Calculation formula of bad debt rate: bad debt rate = (bad debt amount/total accounts) × 100%.
2. Steps to calculate the bad debt rate:
(1) Determine the amount of bad debts: first, determine the amount of bad debts, that is, the amount of accounts receivable that the enterprise cannot recover in a certain period of time.
(2) Determine the total amount of accounts receivable: Secondly, determine the total amount of accounts receivable, that is, the total amount of accounts receivable of enterprises in a certain period.
(3) Calculate the bad debt rate: Finally, calculate the bad debt rate according to the bad debt amount, the total account and the bad debt rate formula.
Third, the method of controlling the bad debt rate
1, improve the accounts receivable management system: enterprises should establish a sound accounts receivable management system, regularly evaluate the credit status of customers, and implement customer classification management to ensure timely recovery of accounts.
2. Strengthening financial management: It is necessary to strengthen financial management, improve the financial system, improve the level of financial management, and ensure the timely recovery of accounts.
3. Strengthen customer management: We must strengthen customer management, improve customer service system, and improve customer loyalty to the enterprise to ensure timely recovery of accounts.
Fourth, the influencing factors of bad debt rate
1. Customer's credit status: Customer's credit status is an important factor affecting the bad debt rate. Enterprises should regularly evaluate the credit status of customers to ensure timely recovery of accounts.
2. Financial management level: Financial management level is also an important factor affecting the bad debt rate. Enterprises should strengthen financial management, improve the level of financial management, and ensure the timely recovery of accounts.
3. Customer service system: Customer service system is also an important factor affecting the bad debt rate. Enterprises should strengthen customer management, improve customer service system, improve customer loyalty to enterprises, and ensure timely recovery of accounts.
Verb (abbreviation of verb) conclusion
Bad debt rate is an important indicator to reflect the financial situation and recovery ability of enterprises, and it is also an important standard to assess the financial situation of enterprises. The calculation method and control method of bad debt rate mainly include perfecting the management system of accounts receivable, strengthening financial management and strengthening customer management. The influencing factors of bad debt rate mainly include customer credit status, financial management level and customer service system. Enterprises should strengthen customer management, improve customer service system, implement customer classification management, strengthen financial management and improve financial system to control the bad debt rate and ensure the sustainable development of enterprises.
This paper introduces the calculation method and control method of bad debt rate in detail from the definition, calculation method, control method and influencing factors of bad debt rate. The influencing factors of bad debt rate mainly include customer credit status, financial management level and customer service system. Enterprises should strengthen customer management, improve customer service system, implement customer classification management, strengthen financial management and improve financial system to control the bad debt rate and ensure the sustainable development of enterprises.