The Types of Accounts Receivable Reports include Aging Reports, which categorize outstanding invoices by the length of time they have been unpaid, providing insights into overdue payments and potential collection issues. Another type is the Cash Receipts Journal, detailing all payments received within a specific period, aiding in reconciliation and cash flow management. Additionally, the Bad Debt Report identifies invoices deemed uncollectible, allowing businesses to assess and mitigate potential losses.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.