Accounts Receivable Services

A Guide to Accounts Receivable

admin / Accounting Receivable Outsourcing , Blogs ,

7 Jan 2021

A Guide to Accounts Receivable

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 by accounts receivable services. Your net income is directly affected by your accounts receivable because account receivable is considered as revenue. But your retained earnings are not affected when...

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Top 5 Tips for Optimizing Your Accounts Receivable Process in the Year 2020

admin / Blogs ,

11 Nov 2019

Top 5 Tips for Optimizing Your Accounts Receivable Proc...

Whenever a company sells a product or renders service to their customer, they can either demand the payment immediately at the time of sale or can provide credit to the customer so that they can pay later.  If the customer clears the payment immediately, it is recorded in the account books, and the matter is closed. But if one opts for the credit option, then the...

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