Ask your accountant if writing off older debts (anything over 12 months) gives you a tax advantage. Each business is different. e.g. invoice basis GST Then pass those debts onto a debt collector. Why waste your valuable time on them. Keeps your books clean by reducing aged debtors size, and will cost you nothing. Any […]
Can I Run Regular Credit Checks on a Client?
I have had a couple of clients and prospect ask about commercial credit checks this week, more specifically whether they can run regular credit checks on key clients. The answer is “it depends”. Unless your account application specifically says you are authorised to run a credit check, you can only do so AFTER the client […]
Debt Collection Services in NZ
Debt Collection Services Help Improve Your Cash Flow For many businesses, debt collection has become a nasty thorn in the flesh. And because of increased outstanding billing and accounts, most businesses end up wasting half their time chasing after clients for the payments for products and services already provided. In order to rid yourself of the […]
Hire a Debt Collector in NZ
Are you tired of chasing slow payers? Sick of the excuses and lies; the broken promises? Are you looking at your overdraft or own bills and wondering how you can pay them because someone else has an outstanding debt owed to you? If you mutter a yes under your breath, then it’s time to hire […]
The dreaded runner – Dentists and Medical Specialists take note!
It’s happened to almost every dentist clinic or specialist medical practitioner at least once. The dreaded “runner” who has left without paying, leaving often large debt to collect. Not only has a timeslot been taken that could have been filled with an honest person who pays, but more often than not there are also out […]