Resources on basic accounting and payment terms business owners must know.
Learn what cash management is, why it matters, key activities, challenges, and strategies to improve cash management and strengthen business liquidity.
Learn the expense recognition principle, how it works, why it matters, and how to apply the expense recognition principle accurately with modern tools.
Learn what hyperautomation is, how it works, key technologies, benefits, challenges, and real business use cases to improve efficiency and decision-making.
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.
Learn what is working capital ratio, how to calculate it using the formula, and what a good ratio indicates about a business financial health.
Learn how to improve your small business cash flow with tips on managing levered and unlevered free cash flow, reducing debt, and boosting income for growth.
Learn how to measure and improve your business's operating cash flow (OCF) to maintain financial health, avoid debt, and grow your operations efficiently.
Learn what overdrafts are, common causes, how to avoid them, and tips for minimizing costly fees with practical strategies for managing your bank account.
