Note receivable

Note receivable is a promissory note from the payee's point of view.

Definitions

Note receivable. A promissory note from the payee's point of view.

Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.