• Technology

    Understanding Accounts Receivable: What They Are and How They Work

    Importance of Accounts Receivable for Businesses Accounts receivable play a critical role in the financial health of a business. Essentially, accounts receivable represent the money owed to a company for goods or services that have been provided but not yet paid for. This means that accounts receivable are a form of short-term credit that a business extends to its customers.…

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