Accounts receivable consists of the money needed to be collected by the law firms from the clients for offering the services. It is one of the most important financial processes for the income of every business. If law f...
Accounts receivable is a term that is unknown to new business owners or for business owners who have switched their accounting methods from cash to accrual basis. In the accounting cycle, a very important role is played ...
It is always said that cash is the real king. Therefore be it a small or large business, the company needs to manage the cash effectively because cash management enables you to make it through emergency conditions and co...
Accounts receivable is considered to be the current asset of the company. Several financial-performance measures like working capital, current ratio and others are greatly dependent on the account receivable. Effective a...