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 ...

Notes receivable is an bookkeeping account used to track debt and payments from borrowers. When a small business lends money, goods or merchandise to an individual, it expects repayment. For many ...

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 ...

Accounts receivable is a term used to describe the quantity of cash, goods, or services owed to a business by its clients and customers. The manner in which the collection of outstanding bills is ...

The job of the CFO is anything but static. Managing the overall financial health of the business, financial reporting and supervising the finance and accounting organization can be challenging, ...

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 ...

Accounts receivable (AR) represents the money owed to a business by its customers for goods or services provided on credit. It is recorded as an asset on the company’s balance sheet, indicating future ...

Working capital is one of the most difficult financial conceptsto understand for the small-business owner. In fact, the term meansa lot of different things to a lot of different people. Bydefinition, ...