Resources on basic accounting and payment terms business owners must know.
Learn what cash reserves are, why they matter, and how they help businesses stay stable, avoid debt, and seize new opportunities.
Understand how tariffs work, why governments use them to protect local industries, and how they impact business costs and consumer prices.
Learn what is asset management. Discover how proactive asset management maximizes value, reduces costs, and improves business performance
Discover the core differences between operating expenses and non-operating expenses and get practical tips for controlling and minimizing both kinds of business spending.
Learn what accounts receivable journal entries are and what they’re for, their importance in accounting, and how they impact financial statements.
Discover what are operating expenses and explore examples of OpEx. Learn how to track operating expenses, and best practices for managing them.
Learn what goods receipts are, how they support the inventory management process, and best practices and strategies for using them.
Learn what notes receivable are, how they’re treated in financial accounting and reporting, and how they impact cash flow management.
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 what an unadjusted trial balance is, why it’s crucial for financial reporting, and how to prepare one step by step.
Learn about post-closing trial balances, their importance in accurate financial reporting, and how to prepare them.
Learn how assets and liabilities shape your business's financial health. Discover tips for tracking, managing, and leveraging them effectively.
Discover what account balances are and their importance to manage cash flow, debts, and investments effectively.
What are assets? Breaking down the definition to these important business resources, and providing strategic practices for better asset management.
