Accounting Category: Accounts receivable

Accounting Articles

February 21, 2016

Accounts receivable represent another important area in the accounting realm of any organization. This article provides a list of accounts receivable best practices.

December 6, 2015

Working capital plays in important role in a company. In this article, we will take a look at ten reasons working capital requirements can increase and how to better manage working capital.

October 10, 2015

General ledger may not be able to maintain all individual transactions of a company. This is especially true in large organizations where there may be thousands of transactions each day. In such cases, subsidiary ledgers and special journals are used. In this article, we will discuss the most common types of subsidiary ledgers.

April 22, 2015

In its regular course of business, a company needs to verify its balances and turnovers with banks, suppliers or other counterparties. The confirmation process is one of the ways to obtain such information. The article below focuses attention on the confirmation process peculiarities and contrasts accounting and audit confirmation procedures.

February 15, 2014

Long gone are the days where large companies only sell products in one country. The growth of the global economy has provided many opportunities for growth, but that growth has brought with it unique accounting challenges. In this article, we’ll describe several common issues associated with accounting for transactions in foreign currencies.

December 4, 2013

Fraud related to pocketing cash is not uncommon. One of the ways to steal cash used by fraud perpetrators is lapping schemes. In this article, we review how lapping schemes work and how they can be limited or prevented in your company.

April 30, 2013

In our computerized world most accounting records are maintained in accounting software databases or spreadsheets, and accountants don’t think much in terms of general ledger or subsidiary ledgers like they did when most accounting records were maintained on paper. However, such concepts still exist. In this first part of the two-part article we will discuss what subsidiary ledgers are and look at an example of an accounts receivable subsidiary ledger (i.e., accounts receivable aging).

November 14, 2012

Notes receivable and how they are different from accounts receivable as well as an example of journal entries involving notes receivable.

March 4, 2012

Learn how to analyze accounts receivable and allowance for doubtful accounts like financial analysts do. Includes formulas and examples of financial analysis of accounts receivable.

February 5, 2012

Learn accounting for delinquency fees and prepayments fees.

   1    2    Next >>   

Accounting Categories
Accounting categories represent a collection of accounting guides and answers related to one accounting area.