Fandom

Finance

Accounts Receivable

1,229pages on
this wiki
Add New Page
Talk0 Share

Navigate: Investing Glossary... (edit)

See also: Acronyms... Bond Glossary... Buzzwords... Glossary of Technical Analysis... Life Insurance Glossary... (edit)


General

Accounts receivable  is a legally enforceable claim for payment from a business to its customer/clients for goods supplied and/or services rendered in execution of the customer's order. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.

More and more, accounts receivable processesrequire sophisticated processes and focus within business plans - particularly for small or medium sized enterprises as they require a steady cashflow to maintain operations. Having an understanding of what percentage of cash will be outstanding on a month to month basis is essential to stay afloat. 

About

Accounts Receivable/About

Share!

Talk about everything related to Accounts Receivable in our wiki-based forum.


User Reviews are most Welcome!

Accounts Receivable/User Reviews are most Welcome!

Everything else

Got something to say that doesn't fit in the other sections of this page?
Create a new page about it: Accounts Receivable/Miscellaneous


External resources

If you want to add personal links, please do that on your user page (you can also write your profile there). If you have a link with great content about this page, you can add it at Accounts Receivable/Links

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.