How to calculate accounts receivable?
Accounts receivable refers to the amount of money owed to a company by its customers, typically for goods or services rendered. To calculate accounts receivable, companies need to add up all outstanding invoices that are due but not yet paid by customers. This information can be obtained from a company's accounting system where invoices are recorded and tracked. Companies typically use this information to identify outstanding debts, monitor cash flow, and assess the overall health of the business.
This mind map was published on 24 April 2023 and has been viewed 111 times.
