National Accounts Receivable Appreciation Day 2024

Published on February 13, 2024
Share:

In 2024, National Accounts Receivable Appreciation Day is on March 3rd.

At Invoiced, we encourage everyone, whether you’re an accounts receivable professional or not, to join us in celebrating this accounting appreciation day and to find some way to recognize the A/R professionals you know and work with. 

Here’s everything you need to know about National Accounts Receivable Appreciation Day, including when it is, what it is, why it was created, and ways to celebrate.

What is National Accounts Receivable Appreciation Day?

National Accounts Receivable Appreciation Day celebrates the people, processes, traditions, and value of accounts receivable. It honors the A/R professionals who work tirelessly to collect outstanding sales and ensure that businesses can continue to make payroll, pay suppliers, and serve their customers. 

When is National Accounts Receivable Appreciation Day?

National Accounts Receivable Appreciation Day is observed annually on March 3rd. 

In 2024, National Accounts Receivable Appreciation Day falls on a Sunday.

It was commemorated on March 7th, 2019, by Invoiced. 

Why was an accounts receivable day created?

Accounts receivable departments determine how consistently and successfully a business gets paid, but the challenging work this involves and those who perform it are seldom celebrated internally, let alone externally.

Without accounts receivable professionals and the work they perform, companies would not be able to collect payment, making operations like payroll a nightmare efficiently. 

National Accounts Receivable Appreciation Day marks a time for businesses to share their gratitude for individuals performing this critical work.

How to celebrate National Accounts Receivable Appreciation Day

  • Coworkers, supervisors, and senior executives of A/R professionals should go out of their way to make the day special. A few simple ideas include:  
    • Bringing a commemorative cake or flowers
    • Buying them a cup of coffee
    • Just saying thank you!
  • Debtors can promptly pay any outstanding bills and invoices and, when possible, include a note of thanks in which the A/R professional has been attempting to collect payment. Do note that tipping is discouraged.
  • If you’re a customer or client without an outstanding balance, consider sending a note of appreciation or token gift to the A/R representative.
  • If you’re an A/R professional, your team might have fun with the following activities: 
    • Play “Pin the Invoice on the Ledger” 
    • Bash a pinata in the shape of the company’s largest outstanding debtor
    • Accounts receivable vs. accounts payable tug-of-war.

History of National Accounts Receivable Appreciation Day

Official Announcement

Invoiced Officially Announces First Ever National Accounts Receivable Appreciation Day

Inaugural Observance

March 7, 2019

Annual Observance

March 3rd

Official Day Website

ReceivableDay.org

National Day Archives Registry

Link

We also want to acknowledge these individuals and organizations who are supporting the establishment of National Accounts Receivable Appreciation Day and have generously lent their voices to the cause:

Bill Balduino
President and Chief Operating Officer
The Credit Research Foundation

Frank Sebastian
Director of Credit Services
adidas INDY

Rob Reid
Executive Vice President and Managing Director
Sage Intacct

Ernie Martin
Founder and Managing Director
Receivable Savvy

Invoiced: Automation in Service of Accounts Receivable Professionals

Invoiced thanks everyone involved who is a part of accounts receivable, billing, and collections. We know how detailed your work is, and we have your back!

Please enjoy celebrating National Accounts Receivable Appreciation Day safely, and be sure to share your best A/R stories at ReceivableDay.org.

To learn more about Invoiced, please visit our A/R automation software and A/P automation software pages.

Published on February 13, 2024
Share:

Latest Stories

Here’s what we've been up to recently.

Hands holding a device reflecting AI in payments
The use of AI in payment processing is becoming more widely adopted – learn exactly what it is, how it’s used, its benefits for digital payments, and more.
Blue binder labeled payment terms next to a clock and a pen
Explore invoice payment terms, types, examples, strategies on how you can get paid faster, and more in our comprehensive guide for businesses.