Account Receivable-1

What is Account Receivable?

Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit.

• Accounts receivable is an asset account on the balance sheet that represents money due to a company in the short-term.
• Accounts receivables are created when a company lets a buyer purchase their goods or services on credit.
• The strength of a company’s AR can be analyzed with the accounts receivable turnover ratio or days sales outstanding.
• A turnover ratio analysis can be completed to have an expectation when the AR will actually be received.

Here you are going to learn about the steps to generate AR aging (client wise) Report
Step 1: Login with Fresa Gold and select the Sales module. (Fig-1)

 Accounts receivables

Fig.1

Step 2: In Sales module select Reports-Sales. (Fig-2)

 Accounts receivables

Fig.2

Step 3: Select A/R aging (Client wise) option. (Fig-3)

 Accounts receivables

Fig.3

Step 4: Select date range, COA name and Salesperson name then click submit. (Fig-4)

 Accounts receivables

Fig.4

Step 5: A/R aging (Client wise) report will be displayed on the screen. Select options and click download option to download the report. (Fig-5)

 Accounts receivables

Fig.5

I hope you got an idea about how to generate A/R aging (Client wise) Report.

For further clarification, send your queries to Support@fresatechnologies.com because our motto is to help customers.

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