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"We view this industry as a little bit risky, but the risks are predictable and something we can manage," says Poulsen, who credits the firm's success to its ability to monitor and predict the payment on every receivable, patient by patient.
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Rick Jensen, a senior vice president at Intuit, said small businesses were paying more attention to back office functions, like tracking every dollar of accounts receivable.
So the credit sales can be calculated as (cash received - initial accounts receivable + ending accounts receivable).
To cover the possibility that Brazil will devalue its currency, Vitech must provide $1.25 in receivables for every $1 it receives from the acceptance corporation.
As in every accounting of debt, there are greater and lesser sums of accounts receivable, and the biggest by far that day was the money still owed to the residents of the Roslyn school district.
I read the P&Ls every day and know exactly how much cash is on hand, accounts payable and receivable.
In that Maner audit, the standard letter that accompanies every audit noted that the firm had had to make 14 adjustments to the United Way's journal entries concerning pledges payable and receivable.
Mr. Swartz was "Note Receivable Employee C".
"This is not about accounts receivable," he said.
Accounts receivable represent an investment in the expansion of sales.
Accounts receivable are the credit a firm gives its customers.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com