Accounts Receivable Log is a record kept by businesses to track who owes them money and how much. This log is often used to track amounts due from customers, clients, or vendors for goods and services delivered or rendered. It documents who has made payments and when, as well as any adjustments to the original invoice price. By tracking accounts receivable accurately, businesses can easily manage and monitor their cash flow. Furthermore, they can identify late payments quickly and take necessary action to keep their finances healthy.