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In this QuickBooks Online accounts receivable tutorial, Matt Holtquist from QuickBooks University explains the fundamentals of accounts receivable (AR). He clarifies that AR represents money owed by customers and arises when businesses issue invoices. He emphasizes that if a sales receipt is created instead, accounts receivable will not be generated. The tutorial aims to assist users, including clients and YouTube viewers, in understanding how accounts receivable function within QuickBooks Online, tracking them, and recognizing their importance in the accounting process.