11 Example Sentences Showcasing the Meaning of 'Account Receivable'
The accountant regularly reconciled the account receivable records to ensure accuracy in financial statements.
Analyzing the aging of account receivable helps businesses identify overdue payments and take necessary actions.
The department head emphasized the need to monitor account receivable aging to address any potential cash flow issues.
Implementing a robust system for tracking account receivable reduces the risk of outstanding debts.
The firm hired a consultant to optimize their account receivable collection methods for better cash flow management.
The auditor reviewed the company's account receivable aging report to identify potential risks.
Demonstrating proficiency in handling account receivable is a valuable skill sought after in the finance industry.
Implementing an automated system streamlined the management of account receivable for the growing company.
The company's liquidity was affected due to a surge in account receivable caused by delayed payments from clients.
The company's cash flow improved after implementing a strategy to reduce its account receivable collection period.
An efficient system for managing account receivable facilitates better decision-making for future investments.