after a sale to an Account Receivable is miscreants is sent to the customer?
after a sale to an Account Receivable is miscreants is sent to the customer?
after a sale to an Account Receivable is miscreants is sent to the customer?
after a sale to an Account Receivable is miscreants is sent to the customer?
When deciding if a customer should receive an accounts receivable account, it is important to consider if they have the ability to repay the amount. These accounts are usually reserved for established business customers.
Accounts Receivable
payment in suspense to customers account as receivable account
credit report
Aging accounts receivable helps determine which customers owe you and for how long, which makes it easier to determine whether a customer needs just a simple reminder or needs their account to be written off as bad debt. In doing so, you can effectively determine who to be wary of lending to and who you can trust to repay you in an orderly fashion...
credit report
debit cashcredit accounts receivable
Account receivable is an asset
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.