Ed Barton, LLM, CPA, CFA

[Series] What Every Entrepreneur Needs to Know About Accounting – Accounts Receivable Management

Accounting Basics

Accounts Receivable Management

One of the more complicated accounting items is accounts receivable, and in most businesses, these make up a large portion of assets. In other words, they cause cash flow delays in a business through the delayed payment on sales and expenses. As an example for calculating them, imagine that your company offers 30-day credit periods, which is fairly common between two businesses – though not with individual consumers.

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[Series] What Every Entrepreneur Needs to Know About Accounting – Accounts Receivable Management
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