Accounts Receivable
As the book of theory would state, accounts receivable are legally enforceable claims for payments held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is depicted in a balance sheet as an asset. Here at My CFO we will guide you through all this paperwork and explain the critical points and how you can improve your company’s assets and revenue. We liaise with our clients to fully understand their business model, whilst administering leading accounting assistance and support around the clock.