Accounts Receivable

Accounts Receivable are monies owed to a business or individual in exchange for goods and services that have been purchased and received, but not yet paid for by the buyer.  Businesses such as a vendors, suppliers, and bank credit cards permit sales to their best or frequent customers by means of a short-term line of credit. This credit is extended as a convenience and saves the customer the need to pay cash up front for each separate purchase. These purchases are then invoiced for payment, typically on a monthy basis.  In accounting practice, accounts receivable may be found on a financial statement under the heading of assets.

Trust Hollinger’s to expertly:



• Process all billing and receipts 
• Collect memberships/dues
• Record daily bank transactions
• Reconcile invoices with monthly bank statements