Invoicing terms
Accounts receivable (AR)
Money customers owe a business for invoices issued but not yet paid — an asset.
Accounts receivable is the total money customers owe a business for invoices that have been issued but not yet paid. It appears as an asset on the balance sheet because it is cash you expect to collect.
"AR aging" groups unpaid invoices by how overdue they are (current, 30, 60, 90+ days) so you can chase the oldest first and manage cash flow.
Put it on a real invoice
Create a professional invoice with the right fields, tax and terms — free, no sign-up, no watermark.
Create a free invoice