Resources on basic accounting and payment terms business owners must know.
Learn what is agentic AI and how it works. Discover how AI systems plan, adapt, and make decisions with little human input to improve business efficiency.
Learn what is AI automation and how it helps businesses work smarter. Discover how AI in automation is used to streamline processes, and improve accuracy.
What are AI agents? Learn how they work and differ from assistants and bots as well as benefits of using AI agents in business operations.
What is Gross Profit? Gross profit is what a company earns after subtracting the costs of making and selling its products/services. Use the gross profit formula.
Learn what income smoothing is, ethical concerns, how it works, and why businesses use it to stabilize earnings and attract investors.
Learn what free cash flow is, its importance to business leaders and investors, and how to calculate free cash flow with the formula and definition.
What is flexible budget? Flexible budget helps manage costs while supporting business growth. Check out a flexible budget examples to see how it works.
Learn what is petty cash, definition and why companies need a petty cash fund. Discover best practices to manage petty cash.
Discover what deferred revenue is, its meaning, how it impacts financial statements, and best practices for managing unearned revenue.
Use this guide to help you prepare an analytical report, and learn to make data-driven decisions to enhance the performance of your business.
Learn key differences between flat-rate and hourly pay systems for business owners. Discover which method suits your business needs and boosts profitability.
Get the liability definition, learn what liability is, explore liability examples, and see how companies manage them for better financial security.
Discover what payment service providers are, what a PSP does, how they work, and the payment processing services they offer to businesses of all sizes.
Learn how to write effective informational reports to communicate data, facts, and updates clearly. This guide covers types, structure, and best practices.
Learn why unique invoice numbers are crucial for tracking payments, maintaining records, and streamlining accounting with automated invoicing systems.