Business Affairs

Glossary


Accounts Receivable
Any person, organization or agency that incurs charges, fines, or penalties at Oregon State University establishes an accounts receivable at OSU. An account becomes past due when not paid by the due date. Payment due dates are stated in each bill. Specific payment deadlines for students are listed in the Schedule of Classes. For financial reporting purposes, accounts receivable is revenue earned but not received by the close of the fiscal year. Revenue has been earned if goods were sold or services were provided, either completely or substantially in full, by the close of the fiscal year.
Business Affairs, Oregon State University Corvallis, OR 97331
541-737-3031
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