|accounts receivable meaning||0.26||0.8||5959||44|
|accounts receivable meaning in accounting||1.33||0.2||6974||52|
|accounts receivable meaning in tagalog||1.32||0.8||7115||20|
|accounts receivable meaning in simple words||1.28||0.7||8204||31|
|accounts receivable meaning in english||0.74||0.1||2326||95|
|accounts receivable meaning uk||1.94||1||7738||100|
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|accounts receivable meaning in quickbooks||1.46||0.4||4364||50|
|net accounts receivable meaning||0.65||0.5||1466||38|
|negative accounts receivable meaning||0.81||0.3||9145||9|
|student accounts receivable meaning||1.74||0.5||5994||32|
|accounts receivable meaning medical||1.73||1||8203||62|
The phrase refers to accounts a business has a right to receive because it has delivered a product or service. Accounts receivable, or receivables represent a line of credit extended by a company and normally have terms that require payments due within a relatively short time period, ranging from a few days to a fiscal or calendar year.What is the purpose of accounts receivable?
Accounts receivable is a common account used by company accountants to track revenue earned but not yet collected. It is a balance of money owed to the business by buyers who make purchases on account and agree to pay later. Collecting payments on account in a timely manner is important to financial efficiency for a business.What are the goals of accounts receivable?
The ultimate goal of accounts receivable: to increase working capital. Companies have traditionally viewed accounts receivable as a basic function. They are beginning to realize, however, that improving the process can lead to significant financial gain for the company.