Accounts receivable denominated in foreign currency of an enterprise are foreign exchange. Foreign exchange accounts receivable, also known as overseas commercial accounts, refers to the overseas accounts receivable of enterprises, mainly including import prepayment, export agency fees, cooperative profit sharing, various overseas loans and various foreign exchange claims receivable due to trade. Compared with general domestic accounts receivable, foreign exchange accounts receivable have the characteristics of large amount of credit sales, high collection risk and high probability of bad debts.

Second, analysis

The debit amount of accounts receivable represents the credit amount of the enterprise every time it sells products or provides services to customers; The credit amount of accounts receivable indicates the amount of payment or labor fee that the customer returns to the enterprise every time; Debit balance of accounts receivable: refers to the amount of debt left by customers from credit, repayment to settlement. Is the creditor's rights assets of the enterprise; Credit balance of accounts receivable: refers to the accumulated overpayment by customers from credit, repayment to settlement. In fact, it is the advance payment that the enterprise collects from customers, which is the debt of the enterprise.

3. What do you mean by foreign exchange?

The foreign exchange account refers to the domestic currency invested by the central bank when purchasing foreign exchange assets. Because RMB is a non-convertible currency, foreign capital needs to be converted into RMB to enter circulation. The country needs to invest a lot of money in exchange for foreign capital, and needs the country to buy foreign exchange in its own currency, thus increasing the money supply and forming a foreign exchange account.