Difference between revisions of "Accounts Receivable"
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Latest revision as of 15:56, 11 June 2021
Definition
Accounts Receivable. They are the accounts for which payment is still tobe received. These include invoices, bills, and promissory notes. Such items can be sold to a factor or used as collateral in securing a loan.
Service Domain
This handles accounts receivable for invoices issued by the bank to customers and partners