The accounting term for the money a firm should receive from its customers as a consequence of sales of products or services is accounts receivable, sometimes known as A/ R. It s the amount of money for which you ve issued invoices but have yet to be paid. When you pay an invoice, the amount is taken out of your accounts receivable and deposited to your cash account. Accounts receivable could be handled in-house, but it would be too costly and inefficient. As a consequence, we propose that you choose a reliable firm like MNS Credit Management Group to complete the task.
Category: Financial Services
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