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Money owed to your business by customers for sales made on credit.
Accounts receivable is what customers owe you for goods or services delivered but not yet paid for. It is an asset, but only as valuable as your ability to collect it.
Aging receivables and disciplined collections keep cash flowing and bad debt low.
See it in AWRA OpsHub
Payments & Collections
Money your business owes to suppliers for goods or services received.
A breakdown of receivables or payables by how overdue they are.
A seller’s itemised request for payment for goods or services.
A document reducing the amount a customer owes on a prior invoice.