Cash Collections

Business, Legal & Accounting Glossary

Definition: Cash Collections


Cash Collections


Full Definition of Cash Collections


The combination of the current month’s cash sales and the credit sales of the previous month, used to calculate the total amount of cash received during the month. Credits from the previous month are used because that cash may or may not be received during the same month that the credit was issued.


Cite Term


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https://payrollheaven.com/define/cash-collections/
Modern Language Association (MLA):
Cash Collections. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/cash-collections/.
Chicago Manual of Style (CMS):
Cash Collections. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/cash-collections/ (accessed: November 29, 2021).
American Psychological Association (APA):
Cash Collections. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/cash-collections/

Definition Sources


Definitions for Cash Collections are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.