Permanent accounts, also known as real accounts, are long-term accounts that carry forward balances from one accounting period to the next. These accounts include assets, liabilities, and equity accounts, and their balances are not closed at the end of each accounting period. Permanent accounts provide a continuous record of a company’s financial position over time.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Bringing the Trifecta Power - Automation, Analytics, AI
Recommended Digital Assets for You
Suggested Resources
Digital Order-to-Cash: A Roadmap to Credit Automation (Part 1: Onboarding the Customer)
Data-driven Finance
Data-Driven Finance for Achieving Excellence in Order-to-Cash Operations
Roadmap to the Future: Order-To-Cash for the Next Decade
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
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 Enterprise Receivables Management System 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.
