accounts receivable Synonyms
No Synonyms and anytonyms found
accounts receivable Meaning
Wordnet
accounts receivable (n)
a creditor's accounts of money owed to him; normally arise from the sale of products or services
accounts receivable Sentence Examples
- The accounts receivable department is responsible for tracking and managing the company's outstanding customer invoices.
- Timely follow-up on accounts receivable is crucial for maintaining a healthy cash flow in any business.
- The aging of accounts receivable provides insights into the promptness of customer payments.
- Efficient accounts receivable management involves monitoring payment trends and addressing overdue balances.
- The finance team analyzes the accounts receivable turnover ratio to assess the effectiveness of credit policies.
- The company regularly sends reminders to clients with overdue accounts receivable to encourage prompt payment.
- The software system streamlines the accounts receivable process by automating invoicing and tracking outstanding balances.
- The accounts receivable clerk reconciles payments received with customer invoices to ensure accurate financial records.
- Accurate forecasting relies on a thorough analysis of accounts receivable data, allowing businesses to plan for future cash inflows.
- The finance director provided a detailed report on the aging of accounts receivable during the quarterly board meeting.
FAQs About the word accounts receivable
a creditor's accounts of money owed to him; normally arise from the sale of products or services
No synonyms found.
No antonyms found.
The accounts receivable department is responsible for tracking and managing the company's outstanding customer invoices.
Timely follow-up on accounts receivable is crucial for maintaining a healthy cash flow in any business.
The aging of accounts receivable provides insights into the promptness of customer payments.
Efficient accounts receivable management involves monitoring payment trends and addressing overdue balances.
