Resources on basic accounting and payment terms business owners must know.
Xero is a cloud-based accounting software specifically designed to meet the financial management needs of businesses, freelancers, and growing companies.
Discover what is a sales invoice and how a professional sales invoice helps you get paid. Learn to create a sales invoice with our guide and templates.
Learn how early payment discounts work to save money and improve cash flow. Discover when to pay early and how automation helps capture business saving.
Learn how to improve your small business cash flow with tips on managing levered and unlevered free cash flow, reducing debt, and boosting income for growth.
Learn how to measure and improve your business's operating cash flow (OCF) to maintain financial health, avoid debt, and grow your operations efficiently.
Learn what overdrafts are, common causes, how to avoid them, and tips for minimizing costly fees with practical strategies for managing your bank account.
Learn how chargebacks work, common causes, and effective strategies to minimize risks and prevent costly disputes for your business in this comprehensive guide.
Learn what bookkeeping is, how to track finances, manage records, and the difference between bookkeeping and accounting for your business.
Learn what is operating margin, calculating with the operating margin formula, and how it compares to other profitability measures like net and gross margins.
Learn what is a transaction fee, the different examples of fees businesses face, and strategies to minimize transaction fees to boost profitability.
Learn what is variance analysis, the different types, the formula for calculating it, examples, and how to perform variance analysis to improve financial health.
Learn what is liquidity management, why it's important, the different types of liquidity, and best practices for effective liquidity management in your organization.
Discover what accounts receivable factoring is, the types of companies that commonly engage in AR factoring & why accounts receivable factoring is beneficial.
Learn what enterprise risk management (ERM) is and how it helps businesses plan for risks, maximize returns, and navigate uncertainties effectively.
Learn what is a variance report and how it helps businesses maximize profits. Grasp the variance report formula and how to get started with variance reporting.
