It's a fact of business life that money is regularly earned before it's received. Depending on your business, the gap between earning $1 and having $1 in cash in your hand could be measured in seconds ...

The money due from all customers for merchandise or services delivered on credit. The total figure would be shown on the balance sheet as an asset If you plan to sell goods or services on account in ...

Financial software that deals with money owed to the organization. It provides reports on aging (amounts uncollected over time) and collection reports as well as credit memos and payment history. THIS ...