Sun.Oct 16, 2022

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How to Make Money with Efficient Invoicing

Debt Recoveries

Many people believe that invoicing is a simple process. Complete a service, then send out a bill with payment due within a certain amount of time. Sounds simple enough, doesn’t it? If invoicing were so simple, there would be no such thing as outstanding invoices or debt. Although the current invoicing process is not always the cause of outstanding accounts, by improving the invoicing process, small changes can significantly reduce the number of overdue accounts or repeat late payers.

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When Can An LLC Member Be Held Liable for LLC Debts?

FFGN COLLECT NY

Assume you are part of an accounting firm, and your firm has provided a large amount of accounting services for a client that is a limited liability company. The outstanding receivables for providing said services have started to accumulate to a large figure. You want to proceed legally against the LLC but you see that the LLC is being sued by multiple creditors.