Resources on basic accounting and payment terms business owners must know.
Discover what net earnings are, how to calculate it, why they are important, and how to use the metric to assess how a business is performing.
Learn what is service revenue, how it impacts financial statements and operational capabilities, as well as how to maximize it.
Learn about post-closing trial balances, their importance in accurate financial reporting, and how to prepare them.
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.
Learn what days inventory outstanding (DIO) is, why its important to understand, measure, and track, and how to improve yours.
Dive deep into electronic payments. We’ll explain what they are, discuss how they work, explore common methods, and cover five of the most important benefits that electronic payments impart.
Discover how cost allocation helps businesses understand true costs and improve profitability. Learn the methods with actionable tips to overcome the challenges.
Discover what secure online payments are, how they work, the components involved, and best practices for improving payment security at your own organization.
Access cash quickly with accounts receivable financing by leveraging unpaid invoices—learn how to boost your cash flow without waiting on customer payments.