what is different between accouts receivable and billing?
- 1 Answers
- 3861 Views
- I also Faced
- E-Mail Answers
Answer / r.chandrasekaran
Billing is related to a sale. If a bill is raised towards a credit sale on a party. Then the party will become the debtor, whose account comes under receivables in the books of accounts. But account receivable may also includes the parties of debtors other than debtors on trade.
| Is This Answer Correct ? | 1 Yes | 1 No |
distribution of gift in diwali to employee & buyer!! what's suitable expences head.
suppose total salaries paid is 10000, 1000 is outstanding. how & which amount will shown in receipts & payment, income & expenditure and balance sheet accounts
describe the rule of garner vs murray and how it relates to the dissolution of a partnership
WHAT IS journal voucher ,CONTAR VOUCHER , CASH VOUCHER AND BANK VOUCHER (IN DETAIL)
SHOW CLOSSING STOCK IN TRIAL BALANCE
How do you relate yourself with Accounts?
Is push down accounting accepted under generally accepted accounting standards?
TDS %AGE ON CALLIBRATION CHARGES BILL
What are the differences between debit and credit?
How to group the companies in tally?
In which term & condition excise invoice raises & for what excise invoice raise?
what is the difference between an A/C Payee cheque and a bearer cheque?
Audit 
