What pain points can accounts receivable bills solve in the daily operation of enterprises?

1, the voucher of accounts receivable refers to a bill financing behavior to revitalize sluggish accounts receivable through bills in order to solve the problems such as triangular debts between enterprises. In other words, the issuance, acquisition and transfer of bills are all based on real transactions of accounts receivable, and there are real trading relationships and creditor-debtor relationships. First of all, the financial value of bills receivable is related to whether bad debt provision is made for bills receivable. Although the new accounting standards for business enterprises stipulate that the provision for bad debts has been extended to all kinds of receivables including bills receivable, because of the relatively high credit degree of bills receivable, unless there is obvious evidence that they will be impaired, enterprises often have no enthusiasm to make provision for impairment of bills receivable. In order to improve the book profit, enterprises usually include long-term funds that should be included in accounts receivable into notes receivable, that is, notes receivable, so as to avoid making provision for bad debts.

2. The increase of accounts receivable will not only become the burden of enterprises, but also affect the sales situation of enterprises, and the continuous occurrence of bad debts may even lead to the business crisis of enterprises. Strengthening the management of accounts receivable has become the top priority of enterprise financial management. For the long-term development of enterprises, enterprises can use accounts receivable to transfer risks to some unrecoverable accounts. On the one hand, the transfer of asset liquidity can be adopted, that is, accounts receivable can be converted into more liquid notes receivable. Because bills are written documents, they have stronger creditor's rights than accounts receivable, and they can be discounted to banks before maturity, and they can also be endorsed and transferred, which is more liquid. On the other hand, because accounts receivable need bad debt provision, but accounts receivable don't need bad debt provision, when enterprises can't recover their accounts in time, they can consider turning them into notes receivable, which can prevent them to some extent.