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 ...

Often abbreviated to A/R or AR, this refers to outstanding invoices or other forms of. money that’s owed to the business. These unpaid bills are from customers who have purchased goods on credit. Any ...

Overseeing the accounts payable and accounts receivable staff to ensure record accuracy is an important task carried out by business managers. Accurate records in these accounts are essential for ...

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 ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

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 ...

Working capital is one of the most difficult financial conceptsto understand for the small-business owner. In fact, the term meansa lot of different things to a lot of different people. Bydefinition, ...