What are accounts receivable? | Morgan Law @FinePoints
Learn more about accounts receivable: https://intuit.me/38GrYL6 How to follow up on past-due invoices: https://youtu.be/yzwmV1i1NNI What is the difference between accounts payable and accounts receivable? What do accounts receivable and accounts payable mean? In this video, Morgan Law (@FinePoints) answers these questions and illustrates why having a clear understanding of these accounting terms will help you better understand and track your business cash flow. 00:00 - Introduction: what are accounts receivable? 00:46 - Accounts receivable vs. accounts payable 01:44 - The importance of managing accounts receivable 02:13 - Tips for improving accounts receivable This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them. Click for the latest updates...Summit Team
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