Accounts receivable
Invoices you have sent that customers have not paid yet. An asset, because the money is coming.
In Solo Superstars
The balance of 1100 Accounts Receivable (A/R) on the Balance sheet equals the unpaid total of sent invoices. The Aging report lists which ones and how late.
Example
Three sent invoices for 1,200, 800 and 450 unpaid: accounts receivable 2,450.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- AR
- A/R
- receivables
- what you are owed
Related
- 1100 Accounts Receivable (A/R) — Money customers owe you for invoices you have sent but they have not paid. An asset, because the cash is coming.
- AR aging — Unpaid invoices bucketed by how overdue they are: current, 1–30, 31–60, 61–90 and over 90 days.
- Invoice — Your request for payment. Sending one books revenue and a receivable; the customer pays through the hosted link.
- Write-off — Giving up on an invoice that will not be paid. Removes the receivable and books the loss as bad debt.