Small business owners often extend credit to customers by allowing them to delay payment for services or products. Money owed by customers for goods or services already provided is called accounts ...

A high accounts receivable turnover ratio means that you have a strong credit collection policy and do well collecting cash quickly from accounts. High accounts turnover is important for companies in ...

Cash flow is the heartbeat of any business. Without it, even profitable companies can quickly run into trouble. Accounts receivable (AR), the money owed to a business by customers, is a critical ...