- March 29, 2022
- Posted by: Dan Gordon
- Category: Accounting Advice
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Over the past several years, there has been a trend in our industry to charge customers’ credit cards prior to services. One of our clients at PCO Bookkeepers has taken this trend to a new level of cash flow expediency. This client worked with PCO Bookkeepers to implement a customer payment policy that removes seasonality from a seasonal business, accelerates cash flow and disassociates payments from service, which reduces the need for issuing customer credits when skipping services.
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