Accounts Receivable (AR) in Light manages the contract-to-cash process for your organization. This module handles customer creation, invoicing, payment tracking, and revenue management across multiple...
Last updated Feb 18, 2026 · 1 min read
The contract-to-cash (C2C) process is the end-to-end workflow from establishing a customer contract through to receiving and clearing payment. In Light, this includes:
AR integrates with GL and Bank Reconciliation modules to provide complete visibility into your receivables position.
Invoices (AR documents) are the primary accounting document in this module. They progress through states: DRAFT → OPEN → PARTIALLY_CLEARED → CLEARED → ARCHIVED. Each invoice contains line items with tax, discount, and allocation information.
Customers represent your revenue-generating clients. Each customer can have multiple contacts, billing/shipping addresses, email preferences, and custom properties. Customers can be integrated with CRM systems like HubSpot or Salesforce.
Payment Terms determine when invoices are due. Light supports net terms (e.g., Net 30) and automatic payment reminders through dunning workflows.
Revenue Schedules handle deferred and subscription revenue using ASC 606 recognition rules. Invoices can be mapped to contracts for multi-period revenue tracking.
Good to know: Light's AR module uses AI-powered email sending and payment reminders. You can customize email templates, set dunning rules, and track customer engagement metrics.
Light handles complex scenarios across multiple legal entities and currencies:
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