Accounts Receivable
Money owed to a business by its customers for goods or services delivered but not yet paid for.
Read definition →Plain-language definitions for accounts receivable, cash application, deductions, collections, cash flow forecasting, and the full order-to-cash cycle. Written for finance leaders, AR analysts, and treasury teams.
Money owed to a business by its customers for goods or services delivered but not yet paid for.
Read definition →A reserve that estimates the portion of receivables a company expects will not be collected.
Read definition →Receivables judged uncollectible and written off against income or the allowance for doubtful accounts.
Read definition →Matching incoming customer payments to the open invoices they fund, then posting the result to the GL.
Read definition →Days it takes a company to turn investment in inventory and other resources back into cash from sales.
Read definition →A customer-initiated reversal of a payment, typically tied to a dispute, return, or compliance issue.
Read definition →A document reducing a customer's balance, usually issued for returns, allowances, or pricing corrections.
Read definition →A pull-payment instrument that lets a creditor draw funds from a customer's bank account on schedule.
Read definition →A systematic series of reminders sent to customers with overdue invoices, escalating in tone and urgency.
Read definition →An electronic remittance advice format used in B2B trade to communicate payment details to the seller.
Read definition →Adapting a pre-trained model to a narrower domain by training further on a smaller, task-specific dataset.
Read definition →The master accounting record holding every financial transaction posted to a company's books.
Read definition →Models that produce new content (text, code, structured data) rather than only classifying input.
Read definition →A commercial document a seller issues to a buyer, listing what is owed and when payment is due.
Read definition →A bookkeeping record that posts a transaction to the general ledger with debits, credits, and a memo.
Read definition →A neural network trained on broad text data that can understand and generate natural language.
Read definition →A bank-operated service that receives, scans, and deposits customer payments on behalf of the seller.
Read definition →Algorithms that learn patterns from examples and improve performance on a task without explicit rules.
Read definition →The end-to-end business cycle that runs from customer order through to cash collection and reconciliation.
Read definition →Conditions under which a sale will be paid, covering net days, early-pay discounts, and late fees.
Read definition →A liquidity metric comparing the most-liquid current assets to current liabilities, excluding inventory.
Read definition →A document or data feed a customer sends with payment, telling the seller which invoices are being paid.
Read definition →A customer payment that intentionally falls short of the invoice total, often tied to a dispute or deduction.
Read definition →A workflow that completes end-to-end without manual intervention, from remittance to posted journal entry.
Read definition →A detailed subset of the general ledger holding transaction-level entries for a specific account, e.g., AR.
Read definition →A model that processes both images and text, useful for reading documents without rigid templates.
Read definition →Current assets minus current liabilities, the cushion that funds day-to-day operations.
Read definition →Removing an uncollectible receivable from the AR ledger and recognising the loss against bad-debt expense.
Read definition →A bank account swept to zero each day, funded only as outflows clear, used to centralise treasury control.
Read definition →See what AI-native order-to-cash looks like on your own AR data. First payments matched in days, not quarters.
