Notes receivable is an bookkeeping account used to track debt and payments from borrowers. When a small business lends money, goods or merchandise to an individual, it expects repayment. For many ...

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 ...

As a business owner, one of the most difficult challenges you may face is managing accounts receivable. While most customers pay their invoices on time, there will always be a few who stretch out ...

Cash is queen in a business, and you need a cash management system. One of the most critical components of cash flow involves managing your accounts receivable. However, managing accounts receivables ...

Accounts receivable is a term used to describe the quantity of cash, goods, or services owed to a business by its clients and customers. The manner in which the collection of outstanding bills is ...

When acquiring or selling a company, many nuances exist in various stages of the process, some of which are not readily apparent on their face. One of those nuances is the interplay between accounts ...

What two words should keep any small business owner awake at night? “Tax audit,” “customer complaint” or “data breach” may be high on the list, but one phrase tops them all: “late payment.” According ...