What is Accounts Receivable?
- 29 Nov 2023
- 1 Minute to read
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What is Accounts Receivable?
- Updated on 29 Nov 2023
- 1 Minute to read
- Print
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Accounts receivable, also known as “AR”, is the difference between the amount you have charged families (and agencies) and what has been received in payment. In other words, it is the amount of money owed to you. If you charge a family 100, and they pay you 75, the amount still owed of 25 would be your accounts receivable for that family.
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