Resources on basic accounting and payment terms business owners must know.
What is Oracle NetSuite? Learn how this Oracle NetSuite ERP platform unifies accounting, inventory, and CRM into one system to help your business grow.
What is Sage Intacct? Discover how this cloud-based financial management system helps businesses scale through automation, reporting, and consolidations.
Learn what is consolidated invoicing, how it works, and how combining multiple bills into one statement saves time and lowers costs for your business.
Discover what trade receivables are, how they are recorded in financial accounting, and their importance and role in capital management.
Learn what EBITDA means, how to calculate it, and why it matters. Includes the EBITDA formula, real-world examples, and key insights into profitability.
Discover the core differences between operating expenses and non-operating expenses and get practical tips for controlling and minimizing both kinds of business spending.
Learn what accounts receivable journal entries are and what they’re for, their importance in accounting, and how they impact financial statements.
Discover what are operating expenses and explore examples of OpEx. Learn how to track operating expenses, and best practices for managing them.
Learn what goods receipts are, how they support the inventory management process, and best practices and strategies for using them.
Learn what notes receivable are, how they’re treated in financial accounting and reporting, and how they impact cash flow management.
Discover what net earnings are, how to calculate it, why they are important, and how to use the metric to assess how a business is performing.
Learn what is service revenue, how it impacts financial statements and operational capabilities, as well as how to maximize it.
Learn what an unadjusted trial balance is, why it’s crucial for financial reporting, and how to prepare one step by step.
Learn about post-closing trial balances, their importance in accurate financial reporting, and how to prepare them.
Learn how assets and liabilities shape your business's financial health. Discover tips for tracking, managing, and leveraging them effectively.