Accounts receivable form refers to the document which records collection of money from the goods or services sold in a specific period of time but whose payment is still pending. Hence, it is a document which register’s an organization’s income from various sources that is yet not received.
The account receivable forms are designed in such a way, that these incorporate overdue accounts and their overdue period. But every organization follows a different strategy to categorize overdue accounts and the ways to settle them.
The account receivable form provides a means for reviewing the aged receivable accounts. Since the receivable forms segregate the receivable amounts on various bases, it becomes very easy to review each category of overdue amount.
While setting up a client’s account record in accounts receivable form, the supporting information like sales contract and receipt, sales bills etc. should also be attached with its entry in the accounts receivable forms. This information will be helpful in recovering the money later.
You can Download the Free Printable Accounts Receivable Form customize it according to your needs and Print. Printable Accounts Receivable Form is either in MS Word, Excel or in PDF.