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.
Discover what a periodic expense is with clear definitions, examples, benefits, and tips for budgeting infrequent business costs like taxes and insurance.
Learn the differences between accrued expenses vs accounts payable, including definitions, examples, and how their impact to financial statements.
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.
What is SaaS accounting? Learn how SaaS accounting works, why it matters, and how it helps manage subscription-based software finances.
Learn how robotic accounting and robotic process automation (RPA) software are transforming accounting by automating financial operations tasks.
Learn what international remittances are, how they work, their economic impact, and how they differ from general international payments.
Learn what global treasury management is, why it matters, and how it helps businesses manage money, risks, and compliance across borders.
Learn what is utilities expense, common types of utility expenses, best practices and how to classify utility expenses in accounting.
What is WealthTech? Discover how it combines wealth management and technology to streamline services for wealth management firms and advisors.
Learn what is cost accounting and how it helps businesses track expenses, improve pricing, control costs, and boost profitability using different methods.