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 ...

Often abbreviated to A/R or AR, this refers to outstanding invoices or other forms of. money that’s owed to the business.

As a business owner, you know that accounts receivable (AR) is money owed to a business by its customers. When you extend credit to a customer for the purchase of goods or services, the balance owed ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. If your accounts receivable team is working harder than ...

Small business cash flow issues aren’t rare. Many businesses wait weeks-;even months-;to get paid on outstanding accounts receivable. This creates cash flow issues, since they provide their goods and ...

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 ...

Contra accounts adjust asset values, like equipment depreciation reducing fixed assets. Increased allowance for doubtful accounts may signal rising uncollectable receivables. Companies use contra ...

The Financial Accounting Standards Board published an accounting standards update Wednesday with optional guidance on the measurement of credit losses for accounts receivable and contract assets. The ...