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.

accounts

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 ?
Lloyd says that business owners usually are better off if they can find angel financing, rather than incur the high costs of accounts receivable financing, month after month.
Bleser, executive vice president and chief financial officer, stated that, "It was important for Premier to obtain this long- term commitment from a lender who is familiar with the unusually long payment cycle of NPI's accounts receivable.
Through its subsidiary, DRV Capital, LLC, the company is actively engaged in the purchase and collections of distressed accounts receivable using its own collections solutions.
ABC accrues $40,000 of compensation to its 100% shareholder-employee, to offset the net unrealized built-in gain from the accounts receivable.
Auditors have to decide whether they can use negative accounts receivable requests.
Currently, First Capital provides accounts receivable and inventory financing to businesses located East of the Rocky Mountains by either purchasing the business's accounts receivable or by structuring a working capital loan secured by its accounts receivable and inventory.
Note: From fiscal 1990 to fiscal 1991 the IRS's inventory of accounts receivable grew by 8%.
By outsourcing and automating our accounts receivable processing with Harbor Payments, we look forward to dramatically streamlining the payment process for our customers.
For any tax year, the uncollectible amount of a receivable is the amount that bears the same ratio to the account receivable outstanding at the close of the tax year as (1) the total bad debts with respect to accounts receivable sustained during the period consisting of the tax year and the five preceding tax years, adjusted for recoveries of bad debts during such period and (2) the sum of the accounts receivable earned throughout the entire six-year period.
Currently, First Capital provides accounts receivable and inventory financing to businesses located East of the Rocky Mountains by either purchasing the business' accounts receivable or by structuring a working capital loan secured by its accounts receivable and inventory.
This includes subsidiary ledgers, such as payroll and accounts receivable.
PAULA Financial (NASDAQ:PFCO) today announced that the Company has not been able to file its Quarterly Report on Form 10-QSB for the quarter ended June 30, 2006 on a timely basis due to unresolved issues relating to charges for year end bonuses, adjustments to certain accruals for Company expenses and accounts receivable related to year end bonuses paid to Jeff Snider, the Company's Chairman and Chief Executive Officer.

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