What is an Accrued Receivable?
Accrued receivables are recorded just before recording accounts receivables for credit sales. The term accrued receivables is often used interchangeably with accounts receivables. The major difference between the both lies in the timing for issuing an invoice. When a reporting entity cannot issue an invoice to its customers but is certain of revenue, it can […]
What is an Accrued Receivable? Read More »