how is forecasting done in accounts receivable?
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Forecasting accounts receivable is really about understanding collections or how much cash will be collected over a particular period of time. ... By estimating average daily sales and then dividing that into accounts receivable you determine how many days it will take to collect the current accounts receivable.
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Answer:
forecasting accounts receivable is really about understanding collection or how much cash will be collected over a particular period of time. ...By
estimating average daily sales and then dividing that into accounts receivable you determine how many days it will take to collect the current accounts receivable.
Hope it's help uhh (•‿•)
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