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 ...

In business accounting, notes receivable are promissory notes that represent an asset. These promissory notes are either short-term or long-term and should be recorded on the balance sheet differently ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

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 ...

It’s never fun to ask people to pay up. Having a formal, professional system for keeping track of accounts receivable and billing not only will make the process relatively painless for you, but also ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

What Is the Difference between Accounts Receivable and Accounts Payable? Your email has been sent Accounts payable and receivable are required to ensure your cash flow and spending are appropriately ...