accounts receivable

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Related to accounts receivable: Accounts Receivable Management

Accounts Receivable

The sum of the monies owed to a person or enterprise which was incurred in the course of business transactions and not supported by negotiable paper.

ac·counts re·ceiv·a·ble

(AR, A/R) (ă-kownts' rĕ-sē'vă-bĕl)
The aggregate of money owed to the health care practice by all patients and/or insurers.


the bill provided to the client by the veterinarian setting out the sums owing for services rendered.

itemized accounts
the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
accounts payable
the monies owed to other accounts by the practice and to be paid during the month.
accounts receivable
the accounts that owe the practice money and which can be expected to pay during the month.
References in periodicals archive ?
Technically, there is a difference between accounts receivable financing, where you get a loan that's secured by paper you're holding, and "factoring," in which you sell your receivables at a discount.
Smyth is a leading provider of services for accounts receivable, credit, collections and deduction management, including credit information and risk mitigation, and related Software as a Service (SaaS) technology.
The second lesson: Accounts receivable are attractive fraud targets, primarily because of the way receivables are viewed by lenders.
Through this new entity, we will be able to offer more customers a complete suite of working capital and accounts receivable financing solutions while building upon SFS' and First Capital's commitment to excellence.
9 billion publicly traded provider of electrical products, refinanced its cash flow facility with a $250 million revolving asset-based loan, using its accounts receivable and inventory as collateral.
Auditors have to decide whether they can use negative accounts receivable requests.
In the original regulation, the ratio was determined by calculating the total bad debts with respect to accounts receivable sustained during the current tax year and five preceding tax years, less recoveries of bad debts during that period, and dividing it by the sum of the accounts receivable at year-end over the same six-year period.
Kaulkin Ginsberg provides solutions to accounts receivable management and related business services companies.
Burchetta, Debt Resolve Chairman and CEO, said: "With the credit facility, DRV Capital plans to purchase opportunistic portfolios of consumer finance accounts receivable that will yield better margins and increased recoveries with the usage of Debt Resolve's groundbreaking Internet collections and skip tracing solutions.
Of specific concern to the professional corporation is the amount of gain recognized on its accounts receivable and the timing of built-in losses attributable to accrued compensation.
Note: From fiscal 1990 to fiscal 1991 the IRS's inventory of accounts receivable grew by 8%.
NYSE: MHK), the world's leading producer and distributor of carpet, rugs, ceramic tile, wood and laminate flooring, has licensed the Invoice Harbor[TM] platform for automated accounts receivable processing.

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