What is Accounts Receivable?

Accounts receivable or AR is an asset of a company. It constitutes money owed to the business by its customers. AR is a current asset payable within one year, and the debtor is legally obliged to pay it. Accounts receivable implies that a company has sold or rendered a service to a customer (person or organization) but has not taken payment.

 

What is Accounts Receivable?

Online Check Writer

Key figures

1M

Users

4,000+

New Customers a Week

50,000+

Transactions per Week

Online Check Writer and Accounts Receivable

Online Check Writer facilitates the collection of Accounts Receivable at face value. Online Check Writer enables the payment of AR through different modes such as check payment (eChecks and Printable Checks), direct deposits, ACH payments, and RTP via SMS or Email for one-time or recurring payment of AR. Online Check Writer is an inexpensive platform to receive Accounts Receivable payments as it is cheaper than wire transfers or credit card payments. Online Check Writer does not charge any transaction fees for Digital or Printed Checks, eChecks, ACH, RTP via SMS or email, and check to mail.

Manage Accounts Receivable

Online Check Writer provides a secure online platform for AR collection, making it easy and secure for your clients to repay their debts. Payments are made through Digital Checks, Printed Checks, ACH, Direct Deposits, and RTP via SMS or email for one-time payments or recurring payments. This can ensure that clients pay their dues on time and prevent overdue or non-payment of dues by keeping all client information in one place. You can increase your AR turnover and effectively process your credit by adequately managing AR.