accounts receivable
Unpaid customer balances
Accounts receivable is money owed to a business by customers who have received goods or services but haven't yet paid.
It appears as an asset on balance sheets—the company expects to collect these debts.
The singular account receivable refers to one such debt: We have an outstanding account receivable from that client.
- debtorsThose who owe money
- outstanding balanceSum still due
- creditRecognition or payment deferral
- reconciliationRestoration of friendly relations
- ledgerFinancial record book
revenue · bad debt · collection · collection agency · invoice · credit memo · dunning · allowance · factoring · write-off · payment terms · payment due · aging · cash flow · bookkeeping · billing · inventory · AR
- assetsproperty, cash, money, investments, savings
- business financebalance sheet, revenue stream, profit margin, budget, net profit
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- financebank, CFO, banks, controller, finance
- financial termswealth, asset, currency, balance sheet, audit
- office jobsmanager, office clerk, analyst, receptionist, administrative assistant
account, accounts, accountant, accountable, accounting, accounted, accountability, unaccountable, accountants