Traditional Culture Encyclopedia - Hotel accommodation - Usually, hotel accounts receivable should be confirmed at the same time as confirming something.

Usually, hotel accounts receivable should be confirmed at the same time as confirming something.

Accounts receivable are usually recognized at the same time as revenue is recognized.

Because accounts receivable is a creditor's right formed along with the company's sales behavior, the recognition of accounts receivable is closely related to the recognition of revenue. Therefore, hotel accounts receivable should usually be recognized at the same time as revenue is recognized.

Accounts receivable represent the funds occupied by the purchased units during the sales process of the enterprise.