Turn Your Accounts Receivable Into a Real Asset With These Three Options
For accounting and tax purposes, your accounts receivable are considered an asset, but if you're trying to write payroll cheques, pay your utility company, order new inventory or make other purchases, the stacks of unpaid invoices in your office certainly don't feel like an asset. If you want to turn your accounts receivable, an asset on paper, into cash that you can spend, you have a few options.
1. Business Process Outsourcing