Talk:Accounts receivable

From Wikipedia, the free encyclopedia
Jump to: navigation, search
WikiProject Business / Accounting  (Rated Start-class)
WikiProject icon This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.
Start-Class article Start  This article has been rated as Start-Class on the project's quality scale.
 ???  This article has not yet received a rating on the project's importance scale.
Taskforce icon
This article is supported by the Accounting task force.
 
WikiProject Guild of Copy Editors
WikiProject icon A version of this article was copyedited by a member of the Guild of Copy Editors. The Guild welcomes all editors with a good grasp of English and Wikipedia's policies and guidelines to help in the drive to improve articles. Visit our project page if you're interested in joining! If you have questions, please direct them to our talk page.
 

if the B/S provide the amount of debtors, bill receivable, deposits paid and prepayments and other receivables,can i count on all for account receivable? pls help answer me if you are accounting profession.

RM: Yes. These are all receivables primarely generated by your sales. Or ALL in direct link with a transaction based somewere in your sales ledger. Remeber that each of your credit figures must match a debit.. 16-04-2008 (EU) —Preceding unsigned comment added by 89.18.17.91 (talk) 10:17, 16 April 2008 (UTC)


Suggest that you hire an accountant instead of freeloading on an on-line encyclopedia. Legis 13:36, 22 August 2006 (UTC)

My understanding of accounts receivable is as follows:

Accounts Receivable = Trade Debtors = Sales ledger

The first lines of the article "Accounts receivable is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. This is typically done in a one person organization by writing an invoice and mailing or delivering it to the customer" does not make any sense to me. An invoice is a transaction, accounts receivable is a ledger? NilssonDenver 16:07, 2 April 2007 (UTC)

Accounts receivable vs Account receivables[edit]

I've heard the term "accounts receivable" and "account receivables" used interchangeably and came to Wikipedia hoping to learn which term is correct. Unfortunately, the article, too, uses both terms. I suspect that "account receivables" is an improper term. But perhaps "account receivables" is, in fact, a valid term when one is referring to a single debtor that owes on multiple ledger items (i.e. one account, multiple receivables)? Let's get to the bottom of this! —Preceding unsigned comment added by 68.72.250.165 (talk) 19:34, 14 February 2008 (UTC)

... "accounts(plurial) receivable(singular)" and "account(singular) receivables(plurial)".. it's all correct mate... (:-))) —Preceding unsigned comment added by 89.18.17.91 (talk) 10:23, 16 April 2008 (UTC)
Grammatically speaking, "accounts receivable" is correct. Account is the noun, and receivable is the adjective describing it -- "accounts which are owing" -- and because there are several, the noun is pluralised. Account receivables is only grammatically correct if the entire expression "account receivable" is considered a proper noun. --Jtgibson (talk) 04:35, 28 September 2008 (UTC)

A small note on accounts receivable[edit]

Accounts receivable is a ledger in its own self-contained way. But that is not where the scope of accounting of AR ends. It ends after it is posted to General Ledger. So from the GL perspective, AR can be seen as a place which holds "transactions" very specific to "debt clearance by the external parties".

AR is a ledger. To be more specific, it is a subledger which has is its own journal postings. —Preceding unsigned comment added by Abhigyan81 (talkcontribs) 13:59, 19 March 2010 (UTC)

Post copy edit[edit]

Finished copy edit. Rearranged a bunch of content after spelling/grammar/usage overhaul. Request accountancy expert review new organization and author better overview than that given. Paulmnguyen (talk) 02:59, 23 July 2010 (UTC)