Accountants use Excel all the time. Accounts receivable (AR) is an accounting term for money owed to a business for goods or services that it has delivered but not been paid for yet.The concept is simple: accounts payable represents money you owe, while accounts receivable represents money you are owed. But there's more to it than that. To view the full list of supported financial metrics please see Complete Metrics Listing. Ai to help us enhance this list. ❤️.