Dictionary term

Accounts Receivable (AR)

The money customers owe a business for goods or services already supplied.

The money customers owe a business for goods or services already supplied.

Why Accounts Receivable (AR) matters

Understanding this term helps teams align sales, operations, finance, and technology around how business customers evaluate, purchase, and receive products or services.

How It Applies to E-Commerce

B2B portals may display open invoices, balances, and payment options synchronized from accounting systems.

How It Applies to ERP Systems

ERP accounts receivable records invoices, cash applications, aging, collections, and customer balances.

How It Applies to CRM Systems

CRM can surface overdue balances to account teams without replacing the accounting ledger.