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 invoice discounting is and how it works. Examine the advantages and disadvantages so you can make an informed decision about whether or not it's right for your business.
Learn effective steps for accurate account reconciliation and achieve financial clarity. Read the article to streamline your reconciliation process today!
Learn what foreign transaction fees are and how they work, Then use our actionable tips to minimize extra costs on international payments.
Learn the importance of terminal value, how to calculate it, and its role in business valuations and financial planning for SMBs.
Learn how to calculate the accounts receivable turnover ratio, what it means for your business, and how to improve it to optimize your cash flows.
Discover what cash conversion cycle is, why it is important for business leaders to be aware of, how to calculate it, and strategies to implement to shorten yours.
Learn what strategic procurement is, what its core goals are, what the process looks like, and how to adopt a strategic procurement practice in your own organization.
Learn about purchase order (PO) systems and how they help SMBs improve their procurement processes, ensure accuracy in orders, and streamline overall financial operations.
Learn what is a W-8 form, what it's for, when to use one, and the common mistakes businesses make when using W-8 forms.
Learn how multicurrency bank accounts can help businesses reduce fees, simplify payments, and manage multiple currencies in one account.
Learn what the W-9 is, what it's for, when to use one, and the common mistakes businesses make when using W-9 forms.
Learn what a purchase receipt is, what it should include, and why they’re important in several business contexts.
