oboloo Glossary

A/R Report

oboloo Glossary

A/R Report

An A/R Report, also known as Accounts Receivable, is an important management tool used to track and evaluate customer payments. It helps businesses ensure timely payments from customers and better manage their finances. A/R Reports are compiled on a daily, monthly, or yearly basis according to the business’s needs, and they provide a comprehensive overview of all outstanding receivables. In addition to information about each individual customer account, this report may also include data on payment records, past-due accounts, and days sales outstanding (DSO), among other metrics. With an accurate A/R Report, businesses can make informed decisions about how to more effectively manage their customer accounts and keep their finances in order.