A Journal Entry for Accounts Receivable is a record of any transactions related to accounts receivable. By making regular entries into their accounts receivable journal, businesses can track the money owed to them by customers and other contacts. This record helps make sure that all payments are properly recorded and accounted for, ensuring that all funds due to the company are collected in a timely manner. It’s a simple but effective way to stay on top of outstanding payments and keep your business financially healthy!