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 more about cash and cash equivalents, company current assets that are either cash or can be converted into cash.
Learn about payment reconciliation for small and medium-sized businesses, including the necessary steps and expert tips to streamline the process.
Learn what internal rate of return is, how IRR is used to evaluate investments, and how to calculate it using formulas and examples to help business decisions.
FX payments are key to sourcing goods globally. Learn how the different factors affect costs with actionable steps to manage payments effectively.
Explore all things discounted payback period, explaining how it differs from the standard payback period, how to calculate it, and the various pros and cons associated.
Discover what discount rate is, why it’s used, and how to calculate it, diving into some examples to illustrate.
Discounted cash flow (DCF) simplifies complex financial decisions by valuing future earnings today. Explore how DCF can guide your business investments.
Global sourcing offers cost savings and scalability by leveraging international suppliers. Explore its benefits and challenges for your business.
Learn about the importance of strategic sourcing and how it can help SMBs streamline procurement, save money, and support better relationships with suppliers.
Understand the differences between statement balance and current balance, and learn how to manage your credit account effectively to avoid interest and fees.
Learn the definition of supply chain management (SCM), how the process works, examples of supply chain management, and why it’s important.
Find everything you need to know about costs of goods sold (COGS), including how to calculate it and why it’s an essential business metric.
