accounts receivables Archives - Page 2 of 2 - AccuraBooks

Handling Accounts Receivables Bad Debt Issues

My client, Veronica, had some accounts receivables issues recently. One accounts receivable issue was a customer was many months past due on payment on her invoice, which was still completely outstanding. Veronica instructed me to go ahead and write off this invoice to Bad Debt expense in the chart of accounts, which is exactly what

Factoring Bookkeeping

My client, Emma, has recently sold all of her accounts receivables to a lending institution in lieu of a business loan. Basically all of my client’s customers will now have to send in payment to this lending institution and, in turn, the lending institution will disburse these discounted funds to my client. Emma has hired

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