Resources on basic accounting and payment terms business owners must know.
Learn what revenue recognition is, how the 5-step process works in accrual accounting, and how to handle common reporting challenges.
Learn more about merchant underwriting: its process, challenges, and how automation enhances efficiency for businesses seeking payment solutions.
Learn what is an ACH trace number. Find out how tracing ACH number helps track payments, resolve delays, and verify transactions from origin to destination.
Online bill pay services are offered by a range of financial institutions and businesses to help customers pay bills online easier and more efficiently.
Net sales generally go to three places: covering your variable costs, covering your fixed costs, and your profit. Learn how to calculate variable expense ratio.
A liquidity ratio measures your ability to cover existing debts. Here's how to calculate the liquidity ratio for your business.
Managing accounts payable can represent a headache for small business owners. BILL can help you understand the AP process, and how to manage outgoing payments.
A purchase order (PO) is an official document that is sent from a buyer to a seller, documenting the agreement for a sale of specific products and/or services.
What is a trial balance? Learn more about how this internal report can improve the accuracy of your financial statements for your business.
Invoice processing is an integral part of your business’s accounting process, so what is it, how does it work, and why automated invoice processing is better.
BIN numbers allow merchants to evaluate and assess payment card transactions. Here's how BINs work and how they impact your business.
What is a bank draft? Discover how bank drafts differ from other payment methods. Learn how to make and accept this secure form of payment.
CHIPS payments offer a convenient way to transfer large sums of money. Here's how CHIPS payments works, and how they compare to other methods.
What is a PayFac? A payment facilitator enables you to accept a variety of non-cash payments. Here's how it works and what features to look for.
What is a promissory note? Explore promissory note types and examples; and learn more about these documents and how they govern the lending process.
