What accounts receivable means
Accounts receivable is the money customers owe you for work you have invoiced but not yet been paid for.
Also called AR, receivables.
Where it shows up in your business
Receivables are not cash. A full schedule with a pile of unpaid invoices can still run you out of money, so review open invoices every week.
Work it out
- Free template: Invoice template
- Money guide: Payment terms and net 30
- Money: Money guides for contractors