Today's Market

updated 5 hours ago Sponsored by:
DOW 16,614.81 215.14 1.31%
S&P 500 1,941.28 37.27 1.96%
NASD 4,419.48 103.40 2.40%

Community: Investing Wiki

Term Of The Hour

accounts receivable processing: Original post by Kathy Adams McIntosh of Demand Media Some companies offer customers the option of purchasing products in exchange for a promise to pay. The company mails an invoice to the customer communicating the balance owed. The money owed by the customer represents an account receivable to the company. Companies offer a variety of payment options. These include mailing a payment, paying the…

Want to learn more or edit this definition?
Click here to read more!