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Understanding Accounts Receivable (AR) for businesses with examples

Nanonets

Try Nanonets accounting automation software to streamline all your accounting receivable processes. Start your free trial Accounts receivable (AR) is an asset on a company's balance sheet. In other words, accounts receivable is the money a company expects to receive in the future from its customers.

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Everything You Need to Know About an Audit Trail

Nanonets

Audit trails should include key information such as what, who, when, where, and how to document each step of a transaction or event. An audit trail is a date and time for a transaction, event, project, or entry. Is it accounts payable or accounts receivable? What is Accounts Reconciliation, and how to automate it?