Receivables may be created when: 1. This procedure applies to the processing of invoices and resulting accounts receivables for activities such as: (1).Cost reimbursement contracts. (2). Develop a written policy specifying how frequently the list of referrals should be sent to the collection agency. An accounts receivable purchase agreement is a legally binding contract that governs the purchase of accounts receivable between parties in a specific location. Our guide explains the 9 steps to optimize the AR process using accounts receivable flow charts. This procedure applies to the processing of invoices and resulting accounts receivables for activities such as: (1). Cost reimbursement contracts. Training materials for Accounts Receivable includes information related to asset creation to recording revenues. Accounts Receivable Management reference for credit managers and controllers in the construction and building material supply industries.