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Accounts receivable is one of a sequence of camisetas chelsea financial accounting transactions dealing with the billing of a customer for goods and services he/she has considered. In most business entities this is usually done by generating a statement and mailing or automatically delivering it to the customer, who in turn must pay it within a recognized time-frame called "creditor expense terms."

Account receivable means money which is billed to a company by a customer for products and services provided on credit. This camisetas chelsea is treated as an existing asset on a balance sheet. A detailed sale is normally only treated as an account receivable after the customer is sent an invoice.

While booking a receivable is proficient by a plain financial accounting transaction, the procedure of maintaining and collecting payments on the accounts receivable subsidiary account balances can be camisetas chelsea a full time proposal. Depending on the industry in practice, accounts receivable payments can be acknowledged up to 10 - 15 days subsequent to the due date has been reached.