Seller shall fully complete and execute, as taxpayer, prior to or immediately upon the execution of this Agreement, a form 8821 (Rev. Please refer to the Controller's Office Debt.Learn how to record retention receivable and payable, and why it can be essential for your construction business. Receivable (AR) icon next to the contract. This Assignment of Accounts Receivable with Recourse template can be used to quickly remove valuable receivables from the operating entity. Fill out the below form to request more info, or call (800) 707-4845. First Name(Required). An accounts receivable purchase agreement is a legally binding contract that governs the purchase of accounts receivable between parties in a specific location. This rate lets companies know how quickly they are collecting their accounts receivable and how many days their customers take to pay them, on average. For grant and contract agreements.