Accounts receivable dictionary

A complete glossary of the terminology, jargon and acronyms of accounts receivable, credit control and debt recovery. Every term gets a plain definition, the formula where there is one, and what it means for getting paid.

209 terms

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2/10 net 30 3-Way Match

A

A/R Turnover Ratio Analysis Account Reconciliation Account-Level Risk Assessment Accounts Payable Accounts Receivable (AR)Accounts Receivable Automation Accounts Receivable Software Accounts Receivables Turnover Ratio Acid Test Ratio Aged Debt Analysis Aging Accounts Receivable Aging Analysis Aging Schedule Allowance for Doubtful Accounts (ADA)AP Aging Report AP Automation Automated Clearing House (ACH)Automated Receivables Matching Average Collection Period

B

Bad Debt Expense Balance Sheet Reconciliation Bank Reconciliation Bankruptcy Behavioral Scoring in AR Bill of Exchange Billing Cycle Broken Payment Arrangements Budget Variance Analysis Business Credit Report

C

Cash Application Process Cash Conversion Cycle (CCC)Cash Discount Cash Flow Forecast Cash Flow from Operations (CFO)Cash Flow Optimization Cash Flow Projection Cash Flow Stress Testing Cash Positioning Charge-Off Chargeback Client Retention Strategy Collection Agency Collection Effectiveness Index Collection Policy Collections Automation Collections Management Collections Scoring Commercial Invoice Compliance-Driven Collection Policies Compound Interest Continuous Close Process Continuous Reconciliation Control Account Credit Analysis Credit Bureau Reporting Credit Controller Credit Evaluation Process Credit Exposure Management Credit Limit Credit Memo Credit Note Credit Policy Enforcement Credit Risk Management Credit Terms Credit Utilization Ratio Customer Credit Rating Customer Payment Behavior Analysis Customer Payment Portal Customer Payment Reliability Score

E

E-Invoicing Compliance Earnings Before Interest and Taxes (EBIT)EBITDA Margin Economic Order Quantity (EOQ)Effective Interest Rate (EIR)Electronic Funds Transfer (EFT)Enterprise Value (EV)ERP Credit Control Escalation Process for Collections Expense Reconciliation

F

Factoring Fixed Asset Turnover

G

Generally Accepted Accounting Principles (GAAP)Gross Margin Ratio

H

High-Risk Customer Monitoring

I

Integrated Audit Intercompany Invoice Intercompany Reconciliation Internal Rate of Return (IRR)International Financial Reporting Standards (IFRS)Inventory Turnover Ratio Invoice Communication Strategy Invoice Factoring Invoice Lifecycle Management Invoice Query Management Invoice Reconciliation Automation Invoice Reminder Invoice-to-Cash Cycle Time

L

Late Fee Late Payment Interest Ledger Reconciliation Letter of Credit Liability Recognition Liquidity Coverage Ratio (LCR)Liquidity Ratio Liquidity Risk Management

M

Manual Intervention Workflows Margin Analysis

N

Net Credit Sales Net Payment Terms Net Present Value (NPV)Net Working Capital (NWC)Netting (AP/AR Offsetting)Non-Performing Assets (NPA)

O

Off-Balance Sheet Financing Outstanding Receivables Overdue Balance Overdue Receivables Ratio

P

Partial Payment Reconciliation Payee vs Payor Payment Authorization Process Payment Gateway Payment Link Payment Plan Payment Predictive Analytics Payment Terms Predictive AR Modeling Predictive Collections Pro-forma Invoice Proactive Credit Control Professional Services Automation (PSA)Promise to Pay Purchase Order

Q

Quick Ratio (Acid Test)

R

Rebate Management Receivables Financing Receivables Ledger Receivables Risk Management Receivables Turnover Ratio Remit Payment Return on Assets (ROA)Return on Equity (ROE)Return on Investment (ROI)Returned check fee Revenue Cycle Management (RCM)Reverse Factoring Revolving Credit Risk Assessment Score Risk-Based Collections Strategy Rolling Forecast

S

Sales Credit Policies Sales Ledger Sales Order to Cash Cycle Scenario Planning for Collections Seasonal Invoice Management Secured Credit Securitization of Receivables Segmentation in Collections Self-Billing Settlement Discount Short Payment Short-Term Debt Ratio Skip Tracing SMS Payment Reminder Split Payment Strategic Vendor Financing Supplier Payment History Supply Chain Finance (SCF)

T

Third-Party Collections Time to Collect (TTC)Total Receivables Turnover Trade Accounts Receivable Trade Credit Insurance Transaction-Level Analysis Trust Accounts for AR

U

Unbilled Receivables Uncollectible Accounts Unsecured Creditor

V

Value at Risk (VaR)Value-Based Invoicing Vendor Risk Assessment Virtual Accounts for AR Volume Discount Strategy

W

What is credit control?Withholding Tax Write-off

X

Xero Tracking Category

Y

Yield on Receivables

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Accounts receivable dictionary

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A

B

C

D

E

F

G

H

I

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

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