Gross Accounts Receivable
<p>Gross Accounts Receivable is the same as Gross Trade Debtors. 
 
Accounts receivable represents revenue that has been both earned and billed but not yet received. Say you did a $100 job and immediately added $100 to accrued revenue. Now you do your billing and actually send the customer an invoice. Once the customer is billed, the $100 becomes an account receivable. On the balance sheet, $100 shifts from accrued revenue to accounts receivable, another current asset. You still don't have cash in hand, but you're farther along toward getting it. Once the customer pays, you'd shift $100 from accounts receivable to your cash balance.</p>