Accounts Receivable

Accounts receivable are legally enforceable claims for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Our team will assist in posting of revenue, recording of cash and checks, tracking of overdue customers via ageing analysis. We will also assist in summarizing receivables, payments follow up, preparing MIS report and account reconciliations.

Accounts receivable is a key aspect of accounting that represents the outstanding amounts a company is owed by its customers for goods or services delivered on credit. Recorded as a current asset on the balance sheet, accounts receivable reflects the company’s ability to convert sales into cash and directly impacts cash flow and liquidity. Effective management of accounts receivable includes timely invoicing, monitoring aging reports, enforcing credit policies, and following up on overdue payments. Maintaining healthy accounts receivable balances is essential for sustaining operational cash flow, minimizing bad debt risks, and ensuring the financial health and efficiency of the organization