What is "Accounts Receivable Management" ?
What is "Accounts Receivable Management" ?
Accounts receivable refers to the amount of money needed to collect from the customers on account of goods sold to them on credit. Every firm does their business both on cash and credit. When the firm sells their goods to the customers on credit then it records them as accounts receivable.
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Accounts Receivable Management:
Accounts receivable management refers to the process of ensuring the recovery of payment from the accounts...
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fromChapter 7 / Lesson 4
Explore the impact of receivables management. Learn the definition of receivables management, understand its purpose, and see examples of it in action.
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