These two ratios appear in the current assets category of a business's balance sheet. Accounts receivable turnover indicates how effective a company is at collecting on debts owed to it.

Here are five key components of a good accounts receivable system: 1. Verify accounts receivable balances. Use source documents such as invoices to keep balances accurate. 2. Send accurate and ...

Our opinions are our own. Here is a list of our partners and here's how we make money. Accounts receivable financing (AR financing) can be a good option if you need fast funding to cover cash flow ...