Account Receivable Formula (or AR Formula) is a powerful business solution for keeping track of cash flow. It allows companies to easily monitor how much they are owed by customers and how long those customers have been owing them, while simultaneously facilitating efficient collection processes when payments are due. The AR Formula calculates the sum of money a company will be able to receive in the future based on customer invoices that are currently outstanding. It also takes into account any fees or discounts related to the transactions. With this information, companies can make better financial decisions and plan for growth.