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.

Related

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

Categories
Opposites
direction of obligation

accounts receivableaccounts payable

Outstanding debts to suppliers

payables · liabilities · debts owed · money owed

cash flow timing

accounts receivablecash in hand

Physical currency possessed now

cash on hand

balance sheet classification

accounts receivableliabilities

Amounts owed to others

obligations · debts

Family

account, accounts, accountant, accountable, accounting, accounted, accountability, unaccountable, accountants

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