About this document
Accounts Receivable Factoring Overview by Dannis Anne Regajal is a document available to read on EtoBox.
Accounts receivable arise from sales made on credit in the ordinary course of business. They should be recorded at their net realizable value, which is gross accounts receivable less allowances for items like sales returns, discounts, freight charges, and doubtful accounts. Companies can obtain cash from receivables before collecting from customers through techniques like using receivables as loan collateral by pledging or assigning them, or selling receivables to a factoring company.
- Author
- Dannis Anne Regajal
- Language
- EN