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what is the difference between accounts receivable and accounts payable ? There are 2 replies:
guest guest Author: guest guest, Email:   Show MyInfo popup for guest guest
what is the difference between accounts receivable and accounts payable ? Original post: Tue 11/28/2023 at 2:51 PM

what is the difference between accounts receivable and accounts payable ?

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guest guest Author: guest guest, Email:   Show MyInfo popup for guest guest
Re: what is the difference between accounts receivable and accounts payable ? Posted: Sun 12/3/2023 at 4:21 PM, in reply to guest guest

AR arises when a business sells goods or services on credit, allowing customers to pay at a later date. As a current asset, AR indicates the expected cash inflow within a relatively short time frame, typically within 30 to 90 days. Businesses often use an aging schedule to categorize receivables based on the length of time they have been outstanding. This helps in managing collections effectively.

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guest guest Author: guest guest, Email:   Show MyInfo popup for guest guest
Re: what is the difference between accounts receivable and accounts payable ? Posted: Sun 12/3/2023 at 4:27 PM, in reply to guest guest

This question is not as simple as it might seem at first glance. And it will not be clear and clear to talk about this here. You can find an expert opinion and an exact answer about the difference between accounts payable and accounts receivable in Pharmbills Blog. Pharmbills provides robust analytics tools that allow medical center administrators to make data-driven decisions. By analyzing key performance indicators, administrators can identify areas for improvement, allocate resources more effectively, and enhance overall operational efficiency.

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