The process of accounts receivables involves managing and tracking the money owed to a company by its customers.

• Accounts receivables refer to the outstanding payments that a company is yet to receive ...read more

account receivable because the customer will pay that amount before the period expires. If not, the company can charge a late fee or hand over the account to a collections department.

the sale is realised when the invoice is generated, but the company extends a time period to the customers to pay the amount after some time.account receivable because the customer will pay that amoun...read more