oboloo

oboloo Glossary

Account Receivable Ledger

oboloo Glossary

Account Receivable Ledger

Accounts receivable ledger is an important tool for businesses, providing a clear and organized record of their transactions with customers. This ledger allows companies to monitor the amount owed from customers and keep track of payments received. The accounts receivable ledger keeps an eye on all accounts that have credit balances and any payments or adjustments to those accounts. It’s used by businesses to analyze customer activity and make sure that they are receiving the payment they expect in a timely manner. With an organized ledger, businesses can keep better records of their sales and earnings and stay on top of customer accounts. Having accurate information at all times helps companies provide better service and maintain strong relationships with their clients.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971