Discover how accounts receivable insurance protects your business from customer nonpayment and ensures financial stability by ...

Reviewed by JeFreda R. Brown Fact checked by Vikki Velasquez Key Takeaways Accounts receivable are future cash inflows but ...

Learn when and how revenue is recognized in accrual accounting, even without cash receipt, following GAAP. Discover the ...

The direct write-off of accounts receivable is primarily used by small companies for financial reporting, but is required by all companies in determining their tax obligation to the Internal Revenue ...

Accounts receivable represents the dollar value of business that your company has transacted for which it has not yet received payment. It appears on the "assets" side of your balance sheet. A balance ...

Working capital is one of the most difficult financial conceptsto understand for the small-business owner. In fact, the term meansa lot of different things to a lot of different people. Bydefinition, ...

Contra accounts adjust asset values, like equipment depreciation reducing fixed assets. Increased allowance for doubtful accounts may signal rising uncollectable receivables. Companies use contra ...