Accounts receivable is part of the current assets section of the balance sheet. It represents the total amount due from customers. If the company decides that a specific amount is an uncollectible bad ...

Accounts receivable is defined as an asset that reflects a future payment. In actuality, an accounts receivable is a debt. How your business deals with the debt obligation, and the terms of the debt, ...

Allowance for Doubtful Accounts: This is a contra-asset account that represents the estimated amount of receivables that are not expected to be collected. It is deducted from the gross accounts ...

Matching Principle: The matching principle dictates that expenses should be recognized in the same period as the revenues they helped generate. By recognizing bad debt expense, companies align the ...

Startup software developer Anduin has released its first product, an accounts receivable platform built for accounting firms. The platform, Intelligence-Based Billing, is an example of the increased ...

Now, Stuut has raised a $29.5 million Series A, led by Andreessen Horowitz, Fortune has exclusively learned. Activant Capital ...