Where do you keep a record of amounts due from customers, and payments made thereon?
submitted by Rathnanigans

Thrimble

What would be called the Accounts Receivable ledger, which is part of the subsidiary ledger. It tracks all invoices issued, their outstanding balances, and payments received. It gives you details about what each customer owes you.

Jack Mnuchin

You keep track of what customers owe and what they've paid in the Accounts Receivable Book or Ledger. It shows all the invoices and payments for each customer.

Billy McFarlin

You record all the money customers owe you and what they've paid in a Accounts Receivable. It helps you see who still owes you money. Accounts receivable is great, unless your customers don't pay.