| A | B |
| Cash Sale | Customer pays for goods or services at the time the good or service is provided. |
| Credit Sale | Occurs when a company provides goods and services to customers and in exchange receives a promise that the customer will pay later. |
| Online Billing | QuickBooks has the capability to e-mail invoices to customers. |
| Reminder Statements | Are sent to remind customers to pay their bills. |
| Credit Card | Obtain online authorization and then download payments directly into QuickBooks. |
| Accounts Receivable Aging Summary Report | Provides information about the age of customer accounts. |
| Custoemrs With Open Invoices Report | Customers who have an unbilled or unpaid balance. |
| Open Invoices Report | Lists all customers with open balances. |
| Collections Report | Lists customers with overdue account balances. |