Accounts Receivable Aging and Credit Holds
Governs the weekly review of the accounts receivable aging and the disciplined application and release of credit holds on past-due accounts.
Why This Matters
Every aged dollar is a sale the property financed interest-free and may never collect. Credit holds fail when sales relationships override them quietly, which is why the hold decision and the release decision must sit with finance, not with whoever booked the business. Consistency here is what makes credit a privilege clients protect.
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