The SJSU Accounts Receivable, Billing and Chargebacks group maintains all NonStudent Accounts Receivable. The university has centralized billing.Receivable (AR) icon next to the contract. Contains confidential and proprietary information of Ellucian and its subsidiaries. The concept is simple: accounts payable represents money you owe, while accounts receivable represents money you are owed. But there's more to it than that. Financial statement review and compilations are a breeze with this guide. We show you the rules and regulations in an easy format. Enjoy! The City of San Antonio ("City") bills and collects certain taxes, fees, and charges for goods and services provided to citizens and the public. If you bought a capitalizable asset on credit, then an asset account would be debited instead.