Often abbreviated to A/R or AR, this refers to outstanding invoices or other forms of. money that’s owed to the business.

While many businesses collect compensation before or immediately after providing a service or selling a product, some businesses allow customers to pay at a later date. When customers owe money to a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Accounts receivable (AR) is a business-critical function that ensures organisations get paid, yet it is consistently undervalued and underappreciated. This oversight creates significant risks and ...

The best accounts receivable software automates your invoicing and collections processes to get you paid faster. NerdWallet's content is fact-checked for accuracy, timeliness, and relevance by humans.