Accounts receivable represents money owed to a business in return for goods already delivered or services already rendered. As an integral element of a company's cash flow, accounts receivable can ...

Accounts receivable, a major account balance for many companies, is required to be shown "net" on the financial statements. Understanding the components of financial statement line items and how they ...

Complementing the balance sheet and income statement, the cash flow statement, a mandatory part of a company's financial reports since 1987, records the amounts of cash and cash equivalents entering ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Staying on top of your accounts payable (AP) and ...

It’s never fun to ask people to pay up. Having a formal, professional system for keeping track of accounts receivable and billing not only will make the process relatively painless for you, but also ...

Working capital is one of the most difficult financial conceptsto understand for the small-business owner. In fact, the term meansa lot of different things to a lot of different people. Bydefinition, ...