Accounts Receivable vs. Accounts Payable: Two Sides of the Same Coin

Tracy Ortlieb

Even a newcomer to accounting can likely guess the basic framework to Accounts Receivable vs. Accounts Payable: Accounts Receivable is money “to be received” by your business from a client or customer, while Accounts Payable is money “to be paid” by your company for a product or service provided by…

July 26, 2016