The Accounts Receivable Department manages the SAP A/R module. This module provides centralized billing, payment, and collection functions for the University’s non-student accounts receivable.
It is important to differentiate between AP and accounts receivable since they represent opposite sides of a credit transaction. Properly recording AP involves understanding double-entry ...
Our opinions are our own. Here is a list of our partners and here's how we make money. Accounts receivable financing is a funding option specific to B2B companies. No additional collateral is ...
Here are five key components of a good accounts receivable system: 1. Verify accounts receivable balances. Use source documents such as invoices to keep balances accurate. 2. Send accurate and ...