Invoicing a customer for the products and services they have purchased is part of the accounting process known as accounts receivable. Accounts receivable software refers to the money owed to a company by customers who have yet to pay for the services they have received or the products they have purchased. Typically, claims take the kind of invoices businesses send to customers expecting payment within a specific time frame. Moreover, the balance sheet itself is an asset. To proceed further, users must know the Difference between Accounting and Finance. In most cases, a business will provide its customers the option…