Accounts receivable in the accounting structure is made up of money owed to the company from invoices sent to its clients. Depending on the type of organization, a company may choose to set its ...

Aging your accounts receivable means measuring the amount of time between when unpaid invoices were issued and the current date. This information is summarized on the accounts receivable aging report, ...

If you allow customers to pay via invoice at a later date, this is an accrual accounting practice. There are specific accounts used to record these transactions as the process goes from opening the ...

Cash is queen in a business, and you need a cash management system. One of the most critical components of cash flow involves managing your accounts receivable. However, managing accounts receivables ...

Q. I manually maintain an accounts receivable aging report at our office because we use a simple cash-based accounting system that doesn’t offer such reporting. Is there a way to make this more ...