⚡ Black Friday Offer: Click here and shop now!

TextRanch

The best way to perfect your writing.

Discover why 1,062,726 users count on TextRanch to get their English corrected!

1. Input your text below.
2. Get it corrected in a few minutes by our editors.
3. Improve your English!

One of our experts will correct your English.

Our experts

file a receivable vs file a claim

Both phrases are correct, but they are used in different contexts. 'File a receivable' is commonly used in accounting and finance to refer to recording an amount owed to a company, while 'file a claim' is used in insurance or legal contexts to refer to submitting a request for payment or compensation.

Last updated: March 30, 2024 • 620 views

file a receivable

This phrase is correct and commonly used in accounting and finance to refer to recording an amount owed to a company.

This phrase is used in the context of accounting and finance to indicate the process of documenting and recording money owed to a company.

Examples:

  • The accounting department will file a receivable for the outstanding invoices.
  • Make sure to file a receivable for the services provided last month.
  • When a file is closed and a receivable is due, a recovery order is made and the balance will be transferred to recovery orders.
  • The transferee derecognises the cash or other consideration paid and recognises a receivable from the transferor.
  • A receivable is an entity's right to consideration that is unconditional.
  • An entity shall present any unconditional rights to consideration separately as a receivable.
  • For this reason a receivable from the Member States is shown on the balance sheet.
  • By a decision of 5 February 2007, the Mikkeli City Board agreed on the write-off from the 2006 accounts of a receivable from Karjaportti amounting to EUR 274023.
  • Further thought should be given as to whether the order might apply to other kinds of asset, such as immovable property or a future asset (a receivable due soon or an inheritance).
  • Lessors shall recognise assets held under a finance lease in their balance sheets and present them as a receivable at an amount equal to the net investment in the lease.
  • For example, an entity would recognise a receivable if it has a present right to payment even though that amount may be subject to refund in the future.
  • Just have CBI file a request.
  • Where under the applicable accounting framework an institution recognises the variation margin paid in cash to the counterparty as a receivable asset, it may exclude that asset from the exposure measure provided that the conditions in points (a) to (e) are met.
  • If, however, the recovery order is issued after the final payment, it results in a receivable with the corresponding entry being income in the economic outturn account (under the heading recovery of expenses) for that year.
  • Upon default of a receivable the investee automatically puts the receivable to an investor as agreed separately in a put agreement between the investor and the investee.
  • If a guarantee is received instead of payment, the fine remains as a receivable, and the guarantee is recorded as a contingent asset.
  • If this occurs before final payment of the grant, it results in the entering of a receivable from the recipient with a corresponding reduction in the charge of the year.
  • However, advances for study awards and advances for technical assistance are regarded as a receivable and consequently appear under assets in the balance sheet.
  • Okay. File a complaint at the station this afternoon.
  • The affected patients file a class action lawsuit.
  • Lieutenant Gilbert will not have me file a complaint against you for selective prosecution.
  • Okay, file a complaint with the ministry.

Alternatives:

  • record a receivable
  • document a receivable
  • register a receivable
  • log a receivable
  • note a receivable

file a claim

This phrase is correct and commonly used in insurance or legal contexts to refer to submitting a request for payment or compensation.

This phrase is used in insurance or legal contexts to indicate the action of submitting a formal request for payment or compensation.

Examples:

  • The policyholder needs to file a claim with the insurance company.
  • If you are injured in an accident, you should file a claim for damages.
  • My husband is an insurance man. I have to file a claim.
  • Can you imagine if I didn't file a claim?
  • You should also file a claim with the Better Business Bureau.
  • Claims restrictions, including time periods in which passengers must file a claim or bring an action against the airline.
  • To file a claim, you should file in the first week that you have become totally or partially unemployed.
  • Besides, you have to have a policy in order to file a claim.
  • And two, Without Tracy or Jenna, we can file a claim against the show's insurance and keep getting paid without working.
  • VII.- With which authority can you exercise your right to claim? The Interested Parties may file a claim with the Agencia Española de Protección de Datos [Spanish Data Protection Agency] regarding any response they have received from BGH in supporting their rights.
  • Not only will it save you money, but it could save you a great amount of hassle when the time comes to file a claim.
  • If you consider that the accommodation has not respected any of the aforementioned rights, you will have the right to file a claim with the Spanish Agency for Data Protection.
  • If you wish to file a claim or an action regarding Damage to Checked Baggage, you must notify us as soon as you discover the Damage, and at the latest, within seven (7) Days of receipt of the Baggage.
  • It is very important for your attorney to establish that you are an employee for workers compensation purposes in order to file a claim and to be eligible for compensation, a monetary settlement, or award.
  • The buyer should try to file a claim with the logistic company to recover the cost of damage or loss.
  • H. whereas the EU citizen's knowledge and understanding of ADR schemes throughout Europe is low and confused, with only a small percentage of citizens knowing how to file a claim with an ADR body,
  • The buyer should make sure that the items returned are in their original conditions, or we will not give the buyer a full refund.The buyer should try to file a claim with the logistic company to recover the cost of damage or loss.
  • If he does file a claim, it'll be wrongful death.
  • Daniel Freeman became the first person to file a claim under the new act.
  • I can file a claim against you for violating the protections afforded me...
  • You can file a claim for - seized items online.
  • Please note that only one passenger may file a claim per bag.

Alternatives:

  • submit a claim
  • lodge a claim
  • make a claim
  • put in a claim
  • claim compensation

Related Comparisons

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9TextRanch on TrustPilot).

Why choose TextRanch?

Lowest prices
Up to 50% lower than other online editing sites.

Fastest Times
Our team of editors is working for you 24/7.

Qualified Editors
Native English experts for UK or US English.

Top Customer Service
We are here to help. Satisfaction guaranteed!

×

⚡️ Black Friday 2024 ⚡️

Stock up on credits for the entire year!

Grab this offer now!