ACCOUNTS RECEIVABLE
(noun)Definitions
There is 1 meaning of the phrase
Accounts Receivable.
Accounts Receivable - as a noun
A creditor's accounts of money owed to him; normally arise from the sale of products or services
Example Sentences
"The accounts receivable for the month of January totaled $50,000."
"We need to review the accounts receivable aging report to prioritize collections."
"Our company has a dedicated team for managing accounts receivable."
"The accounts receivable department is responsible for invoicing and collections."
"The accounts receivable turnover ratio measures how quickly we collect payments."
