Resources on basic accounting and payment terms business owners must know.
Learn what cost-to-cost method is. Discover how it helps businesses like construction firms recognize revenue, improve forecasting, and reduce volatility.
Learn what internal control over financial reporting (ICFR) is, its benefits, and how to implement a strong framework using the COSO model.
Learn what cash controls are, why they matter, and how to implement cash controls to protect your business from errors, fraud, and loss.
Learn about the importance of vendor invoice management and some best practices to help your company make accurate and on-time payments to suppliers.
ACH withdrawal is an electronic transaction made through the ACH network for recurring payments between bank accounts. Read for more about ACH withdrawal time.
You may have sent or received an ACH credit without knowing it. Using it in your business gives you a payment option with bank-grade security.
Understand the essentials of accounts payable journal entries for credit purchases. Learn the basics with practical examples.
An accounts payable ledger could make managing your accounts payable easier. We cover what it is and how to use it in your business.
Creating an accounts payable policy for the first time? Or worried that your current policy is missing some important pieces? Learn how to build an effective AP policy.
Your invoice payment method impacts cash flow more than you might think. Learn how and how to choose the best option for your business.
The invoice audit process helps businesses prevent billing fraud and avoid overpayment in just a few steps.
Automated invoice processing uses digital systems to simplify the manual work that goes into paying invoices–essentially putting this task on autopilot.
Paying invoices are a necessary part of business, but they don’t have to be a pain. Learn what they are and how to make them a breeze.
Vendor management is the process of onboarding, managing, and building relationships with vendors or suppliers.
Invoice validation involves confirming the legitimacy and accuracy of received bills related to goods or services.
