A New Way to Turn Payment Behavior into Actionable Signals
Temporary accounts are revenue, expense, and dividend accounts that finance teams reset to zero at the end of each accounting period. This action is part of standard financial closing procedures. These accounts accumulate activity for a single period before transferring their balances to permanent accounts, giving companies a fresh start for each financial period.
Learn what Billtrust can do for you
Reduce manual work, get paid faster, and deliver superior customer experiences with Billtrust’s unified AR platform.
