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 ...

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 ...

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 ...

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 ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Amy is an ACA and the CEO and founder of OnPoint Learning, a ...

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 ...