Traditional Culture Encyclopedia - Hotel franchise - Hotel cashier system-what does ——AR authority mean?

Hotel cashier system-what does ——AR authority mean?

AR authority is the authority of accounts receivable. Generally speaking, the customer's consumption is in arrears first, and then settled after accumulating a certain amount. Before the settlement, this part of the money is called accounts receivable. Accounts receivable are often reached by some reputable companies signing consumption agreements with our store. It can be settled monthly or quarterly, which is convenient for everyone. However, stores must effectively and accurately evaluate the credibility of these agreement companies, which can be settled monthly or quarterly.