Which report provides information to help in tracking accounts receivable?
A)Customers with Open Invoices
B)Accounts Receivable Aging Summary
C)Collections Reports
D)All the above

Question

Quizplus · Accepted Answer

All three reports provide information to help in tracking accounts receivable.

- Customers with Open Invoices report displays all customers who have open invoices along with the current balance for each customer.
- Accounts Receivable Aging Summary report categorizes the outstanding balances in accordance with the aging of the invoice, indicating the length of time the invoice has been outstanding. 
- Collections Reports display information about the collection activities performed in a specified time period, including the number of calls made, emails sent, promises to pay received, and collection notes.

Which Report Provides Information to Help in Tracking Accounts Receivable