Debts owed to your company, usually from sales on credit. Accounts receivable is a business asset, the sum of the money owed to you by customers who haven’t paid. The standard procedure in business-to-business sales is that when goods or services are delivered the come with an invoice, which is to be paid later. Business customers expect to be invoiced and to pay later. The money involved goes onto the seller’s books as accounts receivable, and onto the buyer’s books as accounts payable.
What is Accounts Receivable (AR)? | Bplans. (n.d.). Retrieved from http://articles.bplans.com/what-is-accounts-receivable-ar/
Account Receivable [A/R]
Merriam-Webster Online Dictionary
account receivable (noun) a balance due from a debtor on a current account
Debt Collection News
Parking breach saga following Te Puke McDonald's visit - NZ Herald
April 23, 2024However, just after Easter both Lynne and Jacqui received letters from debt collection agency Baycorp claiming they hadn't paid the amount ...Debt collection lawsuit investigation: American Express, Wells Fargo, Discover, Comenity ...
April 23, 2024If you don't have an attorney and you write a letter to the debt collection agency telling them to stop contacting you, they may not contact you again ...Keolis Downer Northern Beaches chases staff for debts after 'mistakenly' overpaying wages
April 23, 2024... debt collection agency if the money was not repaid. The NSW Rail Bus Transport Union has claimed $2.8m in wage errors were paid to employees and ...Convoy's unpaid carriers finally settling with Hercules Capital? - Overdrive
April 23, 2024In early April, Overdrive confirmed with another debt collection agency that Hercules Capital, the venture bank that owns Convoy's accounts ...
Get Quote
The probability of collecting an account 61+ days past-due is only 60%
Debt Collection Tools
Get In Touch
- Toll Free: 800-755-7111
- Email: sales[at]burtcollect[dot]com
- Contact us
- Get a Quote
Collection Agency Accreditations
Burt & Associates is excited to be recognized by the commercial collection industry. More important to us is being recognized by our clients.