Receipts vs Collections - What's the difference?
receipts | collections |
(accounting, of an account) A state being beyond merely past due.
(accounting) A department that attempts to collect on accounts that are beyond merely past due.
As nouns the difference between receipts and collections
is that receipts is while collections is .As a verb receipts
is (receipt).collections
English
Noun
(head)- We have sent your account to collections .
- Sorry, but you'll have to talk with collections .
