The difference between notes receivable and accounts receivable is:
1. In different forms, notes receivable are tangible paper vouchers (there are also electronic notes at present); Accounts receivable is a kind of right and invisible.
2. The accounting content is different. Bills receivable are bills issued by other enterprises due to debt and cannot be exchanged in time; The accounts receivable are the goods received from customers in business transactions (generally within one year).
3. Different cashing methods: bills receivable can be guaranteed to be paid after being accepted by the bank, and enterprises can choose to transfer the bills to the bank before they expire; The accounts receivable can only be cashed by the debtor enterprise during the debt repayment period.
Bills receivable are bills issued by other enterprises that cannot be cashed immediately due to debt. Bills include cheques, bank promissory notes and commercial bills. Accounts receivable are the sales accounts that enterprises should collect from customers within one year due to the sale of products, that is, the money owed by other enterprises.