Accounts receivable Current Affairs, GK & News

Accounts Receivable

Any money due to a business for merchandise or securities that it has sold or for services it has rendered. This is a key determinant in analyzing a company’s liquidity.

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India’s first UPI Bahi Khata for merchants launched by BharatPe

BharatPe has launched India’s first UPI Bahi Khata for merchants, which allows merchants to record their cash/ credit (udhar) sales customer wise, request accounts receivable from customers via SMS payment links, and keep track of accounts payable to suppliers, among other services. It also serves as a networking platform for merchants to connect and collaborate ..


Garden Reach Shipbuilders and Engineers becomes first Defence PSU to be activated on TReDS platform

The Garden Reach Shipbuilders and Engineers Ltd (GRSE) has become the first defence Public Sector Units (PSU) to be activated on the TReDS (Trade Receivable Discounting System) platform. The platform enables discounting of invoices of MSME sellers against large buyers through an auction mechanism, helping prompt realisation of trade receivables at competitive market rates and ..