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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

If you’re running a booming business with plenty of credit sales, it’s great news for your company. You’re constantly entering sales figures in accounts receivable (AR), invoicing customers, remembering whether they’ve paid, contacting them if they haven’t, and adjusting AR when they settle up. What are Accounts Receivable?

Account 52
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How to Set Up Accounting for a New Business: A Full Guide

xendoo

Unlike the olden days, where you could only get paid in cash, there are now a variety of payment systems that customers can use. This can either be online, in person, or using a point of sale or POS system. An efficient system will accept payments and keep track of sales in the store. Outsource your accounting.