Accounts receivable is an account that represents outstanding, invoiced amounts owed a company by its credit customers for services performed or goods sold. While accounts receivable is reflected on ...

Along with other standard financial statement analytic tools, the accounts receivable turnover ratio is a useful benchmark for a small business to track regularly. The ratio tells a story about the ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...

Increasing accounts payable can boost a company's cash flow by delaying payments. Higher accounts receivable can reduce cash flow since it involves waiting for customer payments. Review the statement ...

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 ...

Every business has some dead accounts receivable on its books. Reviving them might not be worth the effort but managing them might be. Any business that lets past-due accounts receivable accumulate is ...

IMGCAP(1)]In many businesses the accounting for accounts receivable utilizes the allowance method to provide a reasonable estimate of the net collectability of the firm’s trade receivables. Most ...