Definitions for "accounts receivable"
Related Terms:
Receivables, Accounts payable, Account receivable, Account payable, Payables, Receivables, Factoring, Debtors, Bad debt expense, Accounts receivable financing, Invoice discounting, A/p, Allowance for doubtful accounts, Reserve, Recourse, Account debtor, Debit balance, Credit balance, Account, Charge off, Accounts , Collection, Balance, Cash receipts, Accruals, Payables, Bad debt, Credit memo, Cash receipt, Liabilities, Receivable, Credit, Contra account, Current account, Accrual accounting, Account, Cash, Payment, Accrual basis accounting, Overdraft, Current liability, Collection account, Accrued liabilities, Cash accounting, Money order, Sales ledger, Debit, Notes receivable, Off balance sheet financing
An amount of money that a firm is owed by another party for goods sold or services...
Money which is owed to a company by a customer for products and services provided on credit. Treated as a current asset on a balance sheet.
An asset account that reflects amounts due from private persons or organizations for goods and services furnished. For corporations, accounts receivable excludes funds due from departments, but may include funds due from affiliates. For governments and nonprofit organizations using fund accounting, it does not include funds due from other funds owned by the same entity. A category of personal property defined by Article 9 of the UCC. Accounts receivable is the right to receive payment for goods sold or leased or for services rendered where those rights are not evidenced by an instrument or by chattel paper.
Accounts receivable financing Accredited investor
The system which provides all departments a non-student revenue receivable system which formats bills or invoices, and processes payments while performing all of the accounting work. It also provides reports stating the current status for a department's receivables.
Trade credits; an amount owed by an account debtor... more
Money owed to a company for goods sold or services rendered, usually a current asset.
Debts owed to your business.
Money owed to a business for goods or services provided to customers. Accounts receivable are classified as current assets on the balance sheet, with a contra account for bad debts on receivables.
The AR process receives billing and collections information from several mixed systems and provides financial data for GL entry.
This represents the amount due to a business by its customers at a given point in time.
Money owed to your organization, corresponding to bills or invoices that have already been sent out.
see debtors. accrual - a gradual or automatic increase in an amount of money (e.g. interest), usually money owed to someone; (to accrue). accrual basis - in a budget or balance sheet, estimates expenses and income for the period in which they are incurred rather than actually spent or received.
Current assets owed to a company for services or goods sold to customers on credit.
Amounts due from private persons or organizations for goods, and/or services furnished by the state. Accounts Receivable does not include amounts due from other agencies, funds, or other governments. Refer to DUE FROM...
An asset account reflecting amounts due from private person or organizations for goods and services furnished by a government (but not including amounts due from other funds or other governments.
These are your debtor sales invoices also known as your sales ledger.
Amounts owed to a business, usually called debtors (in the UK).
a creditor's accounts of money owed to him; normally arise from the sale of products or services
a customer and an accounts payable is a supplier, etc
This is the money that your customers owe to your company.
The money that is owed to a venture for goods and services that have been purchased from it or that have been committed as a grant or donation. Accounts receivable are included on the balance sheet under current assets.
The total amount of money owed for professional services provided.
Amounts due to the firm from customers who have purchased goods or services on credit; a form of current asset.
Amount due from customers for merchandise or services purchased on an open account.
An amount owed to the business, usually arising from the sale of goods or services.
The amount of money that people or companies owe you.
Amounts owed by others for goods furnished or services rendered ( invoices which have not been paid by the company's customers).
An asset account representing amounts due from customers.
Accounts Receivable (A/R)is the monies due to the company for goods sold or services rendered for which payment has not yet been received.
Money which a customer owes a company for products and services provided on credit. This is treated as a current asset on a balance sheet.
Commonly used for charge customers.
A module in Oracle Financials used to record payments by our debtors.
Amounts due to the business from customers for merchandise or services purchased on credit. The business does not receive payment for these amounts immediately, and the delay before payment is measured by Days Sales Outstanding ( DSO).
Record of what is owed to you. The records of what each customer owes you, taken together are your accounts receivable (A/R)
A record of what is owed to you. All of the credit "accounts" - the record of what each customer owes you - taken together are your "accounts receivable".
Income already promised or earned but not yet received by an organization. Can be further specified, for example, grants receivable, contracts receivable, pledges receivable.
amounts claimed by the Province against debtors. Part II - 7.0
Debts owed to the campus. Campus Billing Services (949) UCI-BILL {824-2455} handles these.
One of the integrated applications which allows Financial Services to manage the miscellaneous receivable customers. It generates invoices and statements and allows for an efficient management of past due balances. The Bursar’s Office will use this to receipt cash for non-student transactions.
Accounts receivable are monies owed. These amounts are usually the result of the sale of assets or for services you have provided.
An asset created by selling products or services on credit. Amounts due from customers for credit sales.
Amounts due from others for goods furnished and services rendered. Such amounts include reimbursements earned and refunds receivable.
amounts owed to your business that you expect to receive.
A document stating that somebody owes something to you. All accounts, credit data - documents stating what each customer owes to you. All that together is called accounts receivable.
Amount owed to a business for goods or services purchased by its customers.
Money owed to a company for goods or services it has sold for which payment is expected within one year. A current asset on the balance sheet.
Also called A/R. When you sell something to someone and they don't pay you that minute, you create an account receivable. This is the amount of money your customers owe you for products and services that they bought from you, but haven't paid for yet. Accounts receivable are found in the current assets section of the balance sheet.
represent amounts to be recovered from customers to whom sales have been made on credit ("debtors").
Amounts owed to a business for goods or services rendered. · See Also · Accounts Payable
Amounts due the company on account from customers who have bought merchandise or received services. Accounts Receivable is a current asset in the Balance Sheet.
Money that customers presently owe the company.
Unpaid money owed to the organization from outside sources for services rendered.
The amount of money a business expects to receive for merchandise or services furnished by it to others on open account.
Money owed to a business by purchasers of goods and/or services.
money owed to a business for merchandise or services sold on open account, a key factor in analyzing a company’s LIQUIDITY, its ability to meet current obligations without additional revenues. See also ACCOUNTS RECEIVABLE TURNOVER; AGING SCHEDULE; COLLECTION RATIO.
Trade credits; an amount owed by an account debtor by the act of granting short term unsecured credit in lieu of cash for goods or services. Considered a liquid asset on the balance sheet and generally expected to be paid in less than ninety days.
coverage when business records are destroyed by an insured peril and the business cannot collect money owed. The policy covers these uncollectible sums plus the expense of record reconstruction and extra collection fees. It does not insure the physical value of the records themselves such as the paper or computer disks and tapes.
amounts owed to the company by its customers.
Claims against customers for credit sales.
are amounts that customers owe the company for services rendered.
Credit extended by any person or company to another (normally unsecured) with usual repayment terms requiring a monthly payment to amortize the balance owed.
the money owed to you for services rendered or products sold.
money due from customers carried as open book accounts. Carried in the current-assets section of the firm's balance sheet.
Accrual account. Money owed by clients to the firm for services rendered or for reimbursement of expenses.
A commercial debt due for repayment usually in 30 - 90 days. In the factoring industry the accounts receivable is what a company sells to a factor.
covers the cost of restoring accounting records destroyed by an insured peril. This will help you in collecting outstanding receivables and will pay the interest lost due to the delay in collection or the actual principal amount, which becomes uncollectable. ACTUAL CASH VALUE - the actual or current value at the time of the loss. It contemplates replacing the damaged article with one of similar condition (i.e. depreciation is a factor.)
Money owed to your business for goods or services that have been delivered but not yet paid for.
A collection of a company's outstanding invoices (invoices which have not yet been paid by the company's customers).
These are amounts due from our client's customers for goods shipped or services rendered by the client. Accounts receivable are always evidenced by invoices detailing the goods shipped or the services provided.
Amounts customers owe a company from sales of goods or services that the company expects to collect within one year. Listed in the current assets section on the statement of financial position.
Money that is owed to a company by a customer for products or services provided on credit.
An asset created by sales on credit. Reflects money you will RECEIVE from your customers.
Invoices that have not yet been paid by a company's customers.
Money owed a business enterprise for merchandise or services bought on open account.
Amounts owed to an entity as a result of the sale of goods or services.
An amount owed by a private person or organization for goods or services sold to them.
The value of goods shipped or services rendered to a customer on which payment has not yet been received. Usually includes an allowance for bad debts.
For accrual basis businesses, transactions not paid in cash create an account receivable, an unsecured promise to pay in the future. The accounting entry is a debit to accounts receivable and a credit to sales. On payment, the account receivable is credited and cash is debited.
Amounts owed to a business that the business expects to receive.
Money owed to a company. In other words, "bills". Example: you mow lawns for a living, but don't get paid right after you finish mowing each lawn. You bill customers at the end of the month. An accountant looking at your books would factor in the amount of money owed to you as part of your net worth, not just the amount of money you have. The amount of money being factored in, then, is your accounts receivable.
money that customers owe to your company. Money your company expects to receive in the future.
The claims of business entities against their debtors which are to be received within one year or less.
EntreP Amount of credit extended to customers for services or products.
Amounts owed to an entity, primarily by its trade customers.
Trade accounts of businesses representing moneys due for goods sold or services rendered evidenced by notes, statements, invoices or other written evidence of a present obligation.
An amount owed to the business, usually by one of its customers, as result of the extension of credit.
Money owed to a business for goods and services the business has sold. These are listed in the current assets section of a balance sheet.
Also called A/R, accounts receivable are the amounts owed to you by your customers.
An accounting term meaning money that has been earned but not yet received.
Accounts of money owed to you for the sale of goods or services.
Amounts due, usually restricted to amounts due from the sale of good or services. Accounts receivable is a current asset with a normal debit balance.
Money owed to you and/or the business for which you have invoices or other verification of debt ownership.
Money that is owed to you for products or services that have already been invoiced.
Amount of money you are owed. Generally, you are owed this amount because you sold assets or provided services.
Amounts receivable for merchandise or services sold on open account.
Amounts due to your business from your customers. Generally these amounts are short term receivables (30-120 days), and are shown under Current Assets section in the Balance Sheet. (What other folks owe you.)
Amounts due to an individual or company by a customer or debtor for merchandise or services purchased on an account.
Money owed by customers.
Money that is owed to a company for goods and services it has provided to customers on credit . The accounts receivable amount is an asset to the company. (Compare with accounts payable .)
Money due from customers. Also called receivables and trade receivables. Français: Dettes actives Español: Cuentas a cobrar, activo corriente, activo exigible, efectos a cobrar, valores exigibles
Also called debtors. Amounts owing to you usually from non cash sales.
A component of a corporation's current assets that consists of money owed to the corporation for services or merchandise it sold to customers. It is a key factor in examining a corporation's "liquidity"--its capacity to meet current obligations without receiving additional revenues. See: Accounts Receivable Turnover Ratio; Asset; Balance Sheet; Liquidity
Money owed to a company for goods and services it has sold. Payment is expected within one year. This money is listed as a current asset on the company's balance sheet.
A current asset resulting from selling goods or services on credit (on account). Invoice terms such as (a) net 30 days or (b) 2/10, n/30 signify that a sale was made on account and was not a cash sale. To Top
Amounts owed a business by its debtors. The term is usually used in reference to amounts owed by customers.
Accounts receivable is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. This is typically done in a one person organization by writing an invoice and mailing or delivering it to the customer.
Office procedure to control collections on pledges, including file reflecting balances due on pledges, terms of payment, records of payments made, and dates made.
An account in the nominal ledger which contains the overall balance of the Sales Ledger.
Protects you if you are unable to collect outstanding balances as a result of loss or damage to your account records.
Sales made but not collected.
A short-term asset, usually representing a credit for a completed sale.
Short-term liquid assets that arise from sales on credit at the wholesale or the retail level.
adjustable rate asset financing
monies due your enterprise as the result of day-to-day operations.