In contrast to cash basis accounting, accrual basis accounting permits businesses to record sales made on credit as revenue as long as they meet certain conditions. First, the transaction that ...

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 ...

Discover how long accounts receivable can stay outstanding, what impacts they have on businesses, and strategies for managing AR efficiently.

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through key ratios and diverse customer insights.

Humans have always needed to support decision-making and strategy with some form of predictive analytics. In Ancient Rome, for example, predictive analytics meant haruspex priests studying animal ...

There’s a well-known saying in business that “cash is king,” but it’s effective accounts receivable policies and procedures that will help your team have faster access to the cash it needs to ...

The B2B payment landscape has undergone several significant shifts in recent years, with a clear trend toward digital payments and automation. Processing Content Many B2B transactions that once relied ...

Every business has some dead accounts receivable on its books. Reviving them might not be worth the effort but managing them might be. Processing Content Any business that lets past-due accounts ...

In today’s fast-paced business environment, the ability to streamline accounting processes and improve financial workflows is more important than ever. Small businesses, in particular, face unique ...