Efektivitas Pengelolaan Piutang Pada PT. Kawasan Industri Medan (Persero)

Abstract

ABSTRACT
The effectiveness of receivables management is a measurement of the company's performance in managing its receivables. Receivables are claims for money, goods or services to customers or other parties. This study aims to determine the effectiveness of the management of receivables implemented by the company. This research was conducted at PT. Medan Industrial Estate (Persero). The method used is descriptive and comparative methods. The ratio analysis method used is the Receivables Turnover (RTO) and the Receivable Collection Period (ACP). The results of this study are PT. Medan Industrial Estate (Persero) in the application of accounting treatment and accounts receivable accounting systems has been effective, but the internal control over receivables is not yet effective. From the analysis of Accounts Receivable Turnover, the average accounts receivable turnover is 1.17885 times with the accounts receivable collection period being 306 days and the results show that accounts receivable turnover and billing periods at PT. Medan Industrial Estate (Persero) is not effective.
Keywords: Effectiveness of Receivables Management, Receivables Turnover, Receivable Collection Period