Outstanding Balance

Overview

The outstanding balance is the total of amounts owed to a business for goods or services delivered but not yet paid for, including loans or credit extended.

Common Use Cases

• Monitoring customer receivables.
• Assessing liquidity.
• Managing cash flow.
• Analysing financial risk.

Examples in Small Businesses

• Tracking unpaid invoices.
• Calculating outstanding amounts to improve cash flow.
• Managing risks linked to customer receivables.