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January 27, 2017
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Welcome to SMAKhosting (SMAK d.o.o.) Sites. This is your first post. Edit or delete it, then start blogging!
Duis iaculis mattis rutrum. Sed iaculis magna sit amet suscipit ornare. Nulla ornare leo a tortor aliquam, quis interdum ex tempor. Quisque ultricies consequat suscipit.
Duis iaculis mattis rutrum. Sed iaculis magna sit amet suscipit ornare. Nulla ornare leo a tortor aliquam, quis interdum ex tempor. Quisque ultricies consequat suscipit. Donec tincidunt tempor ornare. Praesent a enim vel augue suscipit auctor in gravida augue. Suspendisse ut libero sit amet augue molestie fringilla. Fusce molestie, velit a finibus eleifend, nibh odio…
Duis iaculis mattis rutrum. Sed iaculis magna sit amet suscipit ornare. Nulla ornare leo a tortor aliquam, quis interdum ex tempor. Quisque ultricies consequat suscipit. Donec tincidunt tempor ornare. Praesent a enim vel augue suscipit auctor in gravida augue. Suspendisse ut libero sit amet augue molestie fringilla. Fusce molestie, velit a finibus eleifend, nibh odio…
Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.
Accounts payable is what you need to pay for services or products you’ve received. It represents a company’s obligation to pay off to its creditors or suppliers
The main difference lies in the timing of when revenue and expenses are recognized.
Accounting is how you record, interpret, and summarize your financial profile to anyone interested in your business, including you.