The Accounts Receivable Contract with Aging Excel Template in Phoenix enables users to formalize the sale of outstanding accounts receivable between a seller and a buyer. Key features include the assignment of accounts, representations about the accounts, and provisions for recourse. Users can fill in details such as account balances, debtor information, and any existing liens. The template outlines the conditions under which a buyer can inspect the accounts and cancel the contract if unsatisfied. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions, ensuring compliance with state laws and protecting the interests of all parties. It simplifies documentation and facilitates clear communication regarding the terms of accounts receivable sales. By using this template, legal professionals can help their clients manage cash flow effectively and mitigate risks associated with accounts not being collected.