QuickBooks automatically creates an accounts receivable account and adds transactions to it when you fill in a sales form but do not receive immediate payment. Accounts receivable tracks the money ...

Accounts receivable, or A/R for short, records the amount of money customers or third parties owe your business. You can easily set up A/R tracking, or an accounts receivable account, in QuickBooks to ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...