INTRODUCTION

QuickBooks is one of the most popular accounting systems used by any business. There is an estimated 29.6 million small businesses in the United States using QuickBooks. The system is affordable, easy to implement and easy to understand. However, managing accounts receivable in QuickBooks is not always cut and dry. Considering accounts receivable is one of the most important assets to a business – without strong accounts receivable, there is no steady cash flow – there should be more tips, tricks and tools to help businesses manage their credit and collections. This whitepaper covers everything you need to know about managing accounts receivable in QuickBooks, from how to create invoices, to calculating DSO and establishing a credit policy.

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