Accounts Payable vs Accounts Receivable: What Every Business Owner Should Know
Last Tuesday, a garment exporter in Surat told me something that stuck: “I had ₹18 lakhs in outstanding invoices and couldn’t pay a ₹3 lakh fabric bill. My business was profitable on paper. My bank account said otherwise.” That gap — between what customers owe you and what you owe suppliers — is the single…