Accounts Receivable
From Open Risk Manual
Revision as of 15:56, 11 June 2021 by Wiki admin (talk | contribs)
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
