JLL Property Interview Questions and Answers

Accounts Receivable (AR) refers to the money owed to a company by its customers for goods or services provided on credit.

• AR is a key component of a company's working capital

• It represents the amount of money that customers owe to the company

• AR is typically recorded as a current asset on the balance sheet

• Companies often have an AR department to manage collections and ensure timely payment

• AR can be tracked using aging rep...read more

Accounts Receivable (AR) process involves invoicing, tracking payments, and resolving discrepancies.

• Generate and send invoices to customers

• Track payments and follow up on overdue accounts

• Reconcile payments with invoices and resolve any discrepancies

• Maintain accurate records of all transactions

• Communicate with customers to address any billing issues

• Generate reports on AR aging and collections

• Work closely with sales and ...read more