Accounts receivable
Accounts Receivable (AR) is money owed to a company to its buyers for goods or services invoiced that is shown as an asset on a company's balance sheet.
Cross-border commerce often results in either...
Financial and accounting terms
Terms that you may want to know when your business trades with suppliers and buyers in foreign markets.
Accounts Payable
Accounts Payable (AP) is money owed by a company to its suppliers for goods or services provided that is shown as a liability on a company's balance sheet.
Cross-border commerce often results in...
Accounting currency
Accounting Currency or Reporting Currency is the currency in which a firm has decided to record all its accounting records of transactions and financial statements. This currency may be different...