B/R Full Form - What is Full Form of B/R?

B/R is full form Bills/Receivable

What is Bills/Receivable?

A bill receivable is a document that your customer formally agrees to pay at some future date (the maturity date). The bill receivable document effectively replaces, for the related amount, the open debt exchanged for the bill. Bills receivable are often remitted for collection and used to secure short term funding.