Accounts receivable is an account that shows the amount of revenue you have earned but not collected. Companies that sell supplies or products on account to buyers typically maintain a balance in ...
Any time your business has a claim against a debtor for a short-term extension of credit, you will use an accounts receivable entry in your financial records and send an invoice to request payment ...
Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...
Dive into accounts receivable aging, a report that can help you manage receivables and project future cash flow. Many, or all, of the products featured on this page are from our advertising partners ...
Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...
Every business has some dead accounts receivable on its books. Reviving them might not be worth the effort but managing them might be. Processing Content Any business that lets past-due accounts ...