Cash is "King" in a business for paying bills, employees and providing business owners a...
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Accounting
Cash is "King" in a business for paying bills, employees and providing business owners a return on their investment. Accounts Receivable reflects what your customers owe you. Its a big part of projecting cash flow. Using the Accounts Receivable aging report shows which customers are prompt in payments and which customers need further reminders. The owner may stop to providing credit to customers who are habitually poor late on paying their accounts.
How do entering customer invoices in QBO help a company budget and prepare for future cash outlays?
If you have experience working in a business or preparing your personal budget, please share your experience.
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You can see the logs in the Dashboard.