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 ...

Accounts receivable, or A/R for short, records the amount of money customers or third parties owe your business. You can easily set up A/R tracking, or an accounts receivable account, in QuickBooks to ...

Dead accounts receivable were covered in my column last week, but I have some additional comments that go beyond just managing their collection. Delaying a payment or not paying an invoice and letting ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

"Our customers' feedback is the ultimate measure of success," said Becky Carr, Chief Marketing Officer at Billtrust. "These rankings validate the impact of our solutions and the trust we've built by ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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