It's not really a sale until you get paid! Here is a good article on the subject, along with some of my past blogs on the subject.
5 Ways to Get Paid Faster | Entrepreneur.com
http://www.entrepreneur.com/blog/223885?cm_mmc=Carousel-_-223885-_-20-_-fpf
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Related blog articles I've posted in the past:
The Sale Isn’t Complete Until the Customer Pays! http://bit.ly/vLo8Tq
Myth vs. Truth: Is Receivables an Asset http://bit.ly/Jb6nFQ
Client Questions – Can I Deduct an Invoice That My Customer Refuses to Pay? http://bit.ly/yguuBp
Wayne J Belisle, CPA
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