Topic: Credit control & accounts receivables (2)

What is a creditor & what’s the difference between creditors/debtors?
In the realm of finance, the terms "creditor" and "debtor" play crucial roles in shaping financial...

What is an accounts receivable aging report?
What is AR aging? An accounts receivable aging report summarizes the age of outstanding invoices and provides...

What is an accounts receivable journal entry? Quick guide
An accounts receivable journal entry is a critical component of the accounting process for businesses that...

What is accounts receivable factoring? Examples & benefits
Accounts receivable factoring is a financial transaction where a business sells its outstanding accounts...

Is accounts receivable an asset?
Accounts receivable is a critical component of many businesses' financial statements. It represents the money...

What are accounts receivable vs accounts payable?
In the world of finance, two crucial concepts that play a significant role in managing a company's cash flow...

What is the accounts receivable turnover ratio?
The accounts receivable turnover ratio is a financial ratio that measures how efficiently a company collects...

Eliminate manual work and reduce late payments with Chaser and Sage 50
Chaser has launched a new integration with Sage 50, an established accounting software designed for small and...

Is it good if your AR has decreased?
Accounts receivable (AR) is a critical metric that reflects the financial health of a company. A decrease in...

How to collect past due invoices in 5 steps (with templates)
Past due carries significant implications in the realm of financial transactions. It signifies unpaid...

Accurate record keeping: the secret to accounts receivable success
Accurate recording keeping is a vital aspect of any businesses and nowhere is this more true that in your...

Multi-channel payment chasing: The key to improving your cash flow
A shocking 55% of all the invoices issued in the US are paid late. Even worse, 20% of those are only paid...