QuickBooks automatically creates an accounts receivable account and adds transactions to it when you fill in a sales form but do not receive immediate payment. Accounts receivable tracks the money ...

QuickBooks provides a simple way to split transaction payments to Accounts Receivable when a portion of a sale has not yet been credited. When a customer has an outstanding balance for a purchase or ...

Aging your accounts receivable means measuring the amount of time between when unpaid invoices were issued and the current date. This information is summarized on the accounts receivable aging report, ...

It’s never fun to ask people to pay up. Having a formal, professional system for keeping track of accounts receivable and billing not only will make the process relatively painless for you, but also ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...