Accounts Receivable
Accounts Receivable process made easy with OnlineCheckWriter.com! You can get paid instantly by requesting eChecks, Printable checks and ACH or RTP via SMS in one click. Compared to credit cards and paper checks, the platform saves you a lot of money and time.
In addition, OnlineCheckWriter.com provides you with an online banking service named Zil. Pay and Get paid by wire, check drafts, and check by mail service at low transaction fees on Zil.
Online Check Writer
Key figures
1M
Users
4,000+
New Customers a Week
50,000+
Transactions per Week
Accounts Receivable Definition
Accounts receivable (AR) are the balance of money held by an entity for goods or services delivered or used. Accounts receivable are listed on the balance sheet as current assets. AR is the amount that users have to pay for purchases made on credit. Companies record account receivables as assets on their balance sheets because the customer has a legal obligation to repay the debt. In addition, accounts receivables are current assets, i.e., the balance is due one year or less from the debtor. If a company has accounts receivables, it has made a sale on credit but has not yet collected money from the buyer. The company received a short-term IOU from its client.
Our Features AP/AR
OnlineCheckWriter.com offers a wide range of banking features to make your business transactions secure and flexible. Now you can pay and receive payments with the easy-to-use software and dive into the journey.
Check Printing
Create and print business checks at your office desk with a drag and drop design.
ACH
Pay or get paid one-time or recurring ACH/RTP with low transaction fees.
Integration
Integrate with the top third-party applications.
Pay Bill
Pay Bills Online, Schedule them, Manage suppliers, and reduce risk.
Payments by Credit Card
Now pay by credit card even if they don't accept them.
Wire Transfer
Transfer money electronically from one financial institution to other.
Deposit Slips
Instantly create & print the deposit slip of any Bank. Keep track & auto reconcile it.
Invoicing
Create invoice to your customer and send link through email.
Cloud Bank
Open an online bank account with no hidden charges.
Email Check
Send your checks as a one-time printable pdf with a tracking facility.
Payment Link
Create an HTML form or link to receive payments.
User/Approver
Give access to accountant or clients with a role based user and approval process.
Check Mailing
Check mailing without leaving your desk for $1.25. We print and mail it by USPS/FedEx.
Digital Checks
Digitize your paper checks and make your payments via email or text.
Bank Data
Connect & reconcile, Categorize from Any Financial Institution automatically.
API/White Label
Interactive developer-friendly API. Complete white label solution.
Manage Your Accounts Receivable
OnlineCheckWriter.com helps simplify your accounts receivable management by providing your clients with a highly secured platform. You can get paid instantly by requesting eChecks, Printable checks, ACH, and RTP via SMS or email for one-time or recurring payments. This process ensures that the customers are paying their dues on time. Also, you can track clients’ dues in one place and prevent overdue or non-payments. With adequate account receivable management, you can effectively process your credit and improve your account receivable turnover.
YOUR PERFECT ACCOUNTING SOLUTION
- Cutting Cost by Allowing Businesses to use Blank Check Stock over Pre-Printed Checks.
- A single platform to connect all your bank accounts.
- Accept Payments by Phone, Email, Fax & more.
- Detecting Fraudulent Checks
- Send Checks via Postal Service.
- Managing Payrolls.
Benefits of Accounts Receivable
OnlineCheckWriter.com helps manage accounts receivable. Our technology automates and simplifies invoicing and payment collection. Our solution lets you make professional invoices and email them to clients, eliminating paper invoices. Track bills and get real-time payment updates. OnlineCheckWriter.com lets you take ACH, eChecks, and credit card payments, making it easier for customers to pay on time. Our software also provides powerful reporting and analytics to help you understand your accounts receivable and make financial choices. OnlineCheckWriter.com improves cash flow, reduces late payments, and streamlines accounts receivable management.
Ways to Improve Accounts Receivable Management
FREQUENTLY ASKED QUESTIONS
What are accounts receivable?
Accounts receivable is the amount of money owed by your customer to your company for the purchases they made on credit. It is consider as an asset on your balance sheet. AR is created only when you sell your product or service on credit. With OnlineCheckWriter.com you can effectively manage your accounts receivable.
What is accounts payable?
Accounts payable (AP) is an accounting term used to describe the money owed to vendors or suppliers for goods or services purchased on credit. OnlineCheckWriter.com lets you manage your payables with ease and efficiency.
Is accounts receivable an asset?
Yes, accounts receivable is an asset. It is the amount of the money owed to your company, typically from your customers, and this will be converted to cash later. OnlineCheckWriter.com lets you handle your accounts receivable with proficiency.
Accounts Receivable vs Accounts Payable
Accounts receivable is the amount of money owed by your customers to you. Accounts payable on the other hand is a liability. Accounts payable is the amount we owe to our creditors. You can effortlessly manage your accounts receivable with OnlineCheckWriter.com.
REVIEWS FROM ESTEEMED CUSTOMERS
Here are some precious reviews from our customers. We are pledged to make your life simple with all our features.
Frank Czar
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Travis Copeland
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