Credit to Cash accounting (also called “Receivables Accounting”) is a business transaction process that tracks the money owed for a good or service from the point of sale to its payment. It begins with an invoice from the supplier and ends when the customer pays in full. In between, this system records the credits and debits associated with any refunds, deductions, promotions, or other adjustments made by customers along their payment journey. Ultimately, effective Credit to Cash Accounting helps maximize cash flow and ensure timely payments, making it a crucial tool for any successful business.