Worker accuses customer of not paying tab, customer proceeds to completely embarrass him
Worker accuses customer of not paying tab, customer proceeds to completely embarrass him
When workers get hurt on the job, the injuries could cause problems for a long time. Both medical bills and treatment can cost money. Another factor is how much money the worker lost while they were out of work getting better. People who get hurt on the job may get money from workers’ compensation benefits until they can go back to work. These benefits are meant to make sure that the employee gets paid back for any medical care they need. But if a worker keeps getting these benefits even after he or she has fully recovered, there could be serious consequences. In fact, the federal government is looking into a Colorado couple because the husband’s workers’ compensation money may have been stolen
About three years ago, the husband fell off a ladder while doing his job, which caused the disaster. The next spring, his doctors gave him a clean bill of health, but he still wanted to get the benefits. Later that fall, he was fired from his job. After that, he told doctors that his health problems were getting worse, and his wife went with him to visits when doctors thought he was in a catatonic state. He was seen in public, though, and it looked like he was trying to trick medical staff by pretending to be catatonic. He and his wife are now being accused of breaking the law in order to get these benefits. If they are found guilty, they could spend 12 years in prison and pay fines of tens of thousands of dollars.
When an employee gets hurt on the job, they should make sure to get all the necessary paperwork from both their boss and their doctor. This can help keep an injured worker from being accused of fraud and make sure they get the money they are owed.
Accounts receivable is just a fancy name for the money that your customers owe you. Since cash flow is the lifeblood of a business, it’s important to have good collection systems in place to make sure you get paid as soon as possible. If a company doesn’t have AR processes and systems, it may have to deal with extra stress, wasted time, and extra costs. How can you tell if your systems for collecting accounts receivable need to be fixed or if they are working well?
Answer yes or no to the following questions to find out more:
- Do you or someone in your office need to call clients who haven’t paid their bills yet to remind them?
- Is your process for mailing overdue bills written down?
- Do you or someone on your staff send paper invoices to all of your clients, no matter what payment method they prefer?
- Do you or anyone who works for you ever lose a customer’s check?
- Have you or a coworker ever missed the deadline to deposit a check or put it in the bank more than a day after getting it?
Do you have customers who don’t pay on time or at all?
If you answered “yes” to any of the questions above, you may have a problem that is costing you thousands of dollars or more each year. It’s okay; making people aware is the first step to making things better. Read on to find out how to make your accounts receivable processes and practises better.