Cash collection Accounts receivable is the recovery of cash with which you have issued a commercial document relating to what?
Cash collection Cash collection Accounts receivable. It is the recovery of cash from a business or individual with which you have issued an Invoice.
Remotely created check In the United States, remotely created checks are orders of payment created by the payee and authorized by the customer remotely, using a telephone or the internet by providing the required information including the MICR code from a valid check. They do not bear the signatures of the customers like ordinary cheques. Instead, they bear a legend statement "Authorized by Drawer". This type of instrument is usually used by credit card companies, utility companies, or telemarketers. Remotely created check are susceptible to fraud.