Accounts receivable is defined as an asset that reflects a future payment. In actuality, an accounts receivable is a debt. How your business deals with the debt obligation, and the terms of the debt, ...

If your business collects cash from customers, you need to account for it properly. This process can become complicated if you have individual invoices or bookkeeping entries for a good or service ...

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 ...

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 ...

It is not uncommon that companies with cash flow problems or those that have a desire to be paid on expedited terms assign their accounts receivables as collateral for a secured loan or they factor ...

Many companies in need of working capital, often young, growing companies without access to traditional credit, find alternative financing by factoring their accounts receivable, which involves the ...

To truly scale intelligence, leaders must become “context” architects: redesigning structures, processes and culture so that ...

Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate ...

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