Installment accounts receivable is another name for aging of accounts receivable.

Name: Installment accounts receivable is another name for aging of accounts receivable.
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Installment accounts receivable refers specifically to accounts receivable that have been set up with a payment plan or installment schedule. Aging of accounts receivable refers to the process of categorizing accounts based on the length of time the payment is overdue. These terms are not interchangeable.

Installment Accounts Receivable Is Another Name for Aging of Accounts