One of the main components of generating cash flow is clients paying their bills. Sales and accounts receivable collection procedures do not wait until the payment is late. The process of collecting ...

You can't build a company budget without a sales budget. The sales budget projects how much sales revenue you can expect to earn in the coming quarter or year. That tells you something about your ...

An asset utilization ratio that is used to determine how well a company collects receivables and short term IOU’s from customers. The accounts receivable turnover ratio is calculated by dividing a ...

A ledger that keeps a record of the customers that a business has extended credit to and how much they owe. It also includes a compilation of their payment history and credit transactions. The ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...