Accounting and control of settlements with counterparties under the conditions of quarantine measures

Abstract

The COVID-19 pandemic, global quarantine measures adopted by several countries, including Ukraine, have made adjustments to the economic activities of the entities. Today, the most challenging issue is the management of enterprise debt, which is associated with the problem of non-payments, especially in the context of the global financial crisis. In the article on the examples of real enterprises of Kharkiv, Kyiv, Lviv, Mykolayiv, Vinnytsia and Zhytomyr, authors proposed measures to improve accounting. A feature of the developed proposals is their versatility, i.e. they can be used not only during crises but also in normal conditions of business activities by entities, because they can help enterprises rationalize and improve accounting and control of settlements with counterparties under the conditions of quarantine measures. This is a prerequisite for ensuring the competitiveness of the enterprise and achieving its goals. © IAEME Publication Scopus Indexed.