What is Unbilled A/R?

Unbilled A/R is an Asset account on the balance sheet that represents amounts recognized as revenue for which invoices have not yet been sent. This can occur when you invoice in arrears or have any delay in billing relative to the revenue recognition trigger date. You will see this many times with staffing & guard companies who bill at month’s end.

Audio Definition/Pronunciation

How Does Invoice Factoring Improve Profits?

How Does Invoice Factoring Improve Profits?

Business owners know that more cash on hand means faster growth. So, why do countless companies leave funds locked up in invoices that won’t be…
How Does Invoice Factoring Increase Business Profits?

How Does Invoice Factoring Increase Business Profits?

Why do a growing number of trucking companies include invoice factoring (also known as freight factoring or transportation factoring) as part of their financial strategy?…
The History of Invoice Factoring in the Trucking Industry

The History of Invoice Factoring in the Trucking Industry

Invoice factoring is older than you think The concept of factoring is quite old. Factoring has been around since the ancient Mesopotamian times and the…

OTHER TERMS BEGINNING WITH "U"