The accrual basis tends to smooth out a company’s earnings versus using a cash basis. However, cash basis accounting can better reflect true cash flow and discount any A/R not…

Accounts Receivable Verification is part of the due diligence process of A/R Factoring. The factoring company will verify the accounts receivable of their client’s customer (the Account Debtor). The factor…

Accounts Receivable Financing is when a company turns its A/R (accounts receivable) into ready cash versus waiting 30, 45 or even 90 days for their monies. Banks and Asset Based…

Accounts Receivable are monies owed to a company by their customers (another business, a government entity or individual) for goods or services sold on terms. Accounts receivable are a Current…

Accounts Payable Financing allows a company to pay its supplier immediately (cash on delivery or COD) without having to use their own working capital. This is also known as trade…

Accounts payable (A/P) – The money a company owes its vendors. When one company transacts with another on credit, one will record an entry to accounts payable on their books…

Someone who owes an obligation by virtue of an account, chattel paper, or general intangible.