Accounts Receivables

Services Accounts Receivables

Account Receivables

Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services renderd that customers have orderd but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.

Specifically Account Receivable is responsible for:

  • Customer Set-up
  • Customer-invoicing
  • Revenue Reconciliation
  • Cash Allocation
  • Sales Tax Return