general-accounts-receivable

What is Creditworthiness?
What is Creditworthiness? Creditworthiness is the evaluation of a borrower’s ability, and desire, to pay. It is one of the factors used when businesses and lending …
What Is Advance Billing and How to Account for It
What Is Advance Billing and How to Account for It Managing cash flow is critical to your business, and understanding your options for billing your customers and recognizing that revenue is key. One …
What’s next for your business? COVID-19: Three steps to take today for cash flow and operational efficiency.
What’s next for your business? COVID-19: Three steps to take today for cash flow and operational efficiency. Four months ago, we explored how Covid-19 impacted our teams and our businesses with the stay-at-home orders, and discussed ways to make this new …
The World of Remittance
The World of Remittance If you are a global company, or one that does business with global companies, then “remittance” is a term you should know.
What is a Doubtful Account?
What is a Doubtful Account? A doubtful account or doubtful debt is an account receivable that might become a bad debt at some point in the future. If customers purchase on …
What’s the Big Deal about a Purchase Order?
What’s the Big Deal about a Purchase Order? Purchase orders (POs) seem like simple things, but when you consider it, they play an important role in the purchasing process. POs are legally …
Machine Learning and AR Team Morale: How two key features can make cash application fun again
Machine Learning and AR Team Morale: How two key features can make cash application fun again Ideally, every payment your business receives is neatly accompanied by the remittance advice which shares exactly which invoice is being paid and how …
What is your Bad Debt to Sales Ratio?
What is your Bad Debt to Sales Ratio? Most companies make sales on credit: credit can help increase a business’ volume and value of sales by offering buyers an alternative way to pay than …