Accounts receivable is an account that shows the amount of revenue you have earned but not collected. Companies that sell supplies or products on account to buyers typically maintain a balance in ...

Companies that use accrual accounting recognize revenues when earned. When a company sells a product or services, it typically generates an invoice, creates an account receivable and records the sale ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...

The Training & Resource Hub simplifies finding and accessing existing high-quality training and resources from across campus and the CU system. It brings together Percipio courses, live sessions, ...

Aging your accounts receivable means measuring the amount of time between when unpaid invoices were issued and the current date. This information is summarized on the accounts receivable aging report, ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...