Why Under normal business operations a company's Accounts Receivable department is responsible for.?

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2026-03-12 12:45

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Under normal business operations, a company's Accounts Receivable department is responsible for managing and tracking money owed to the business by its customers. This includes generating and sending invoices, monitoring payment terms, and ensuring timely collection of outstanding payments. Additionally, the department plays a crucial role in maintaining customer relationships by addressing inquiries and resolving payment disputes, ultimately contributing to the company's cash flow and financial health.

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