Accounts receivable (AR): definition, example, and why it matters
AR is an asset on your balance sheet. Healthy trades keep AR turnover under 45 days. Glo Invoice's dashboard surfaces AR by customer and by age.
- Short definition. Money customers owe you for invoiced but unpaid work.
- Category. Accounts receivable (AR) is a invoicing term used by service businesses when billing customers.
- How Glo Invoice handles it. Glo Invoice builds accounts receivable (ar) into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does accounts receivable (ar) mean?
AR is an asset on your balance sheet. Healthy trades keep AR turnover under 45 days. Glo Invoice's dashboard surfaces AR by customer and by age.
