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.
Nacha is the organization that regulates ACH bank payments to make them safer, faster, and more reliable for businesses and individuals in the U.S.A.
Accounts receivable refers to money that your business is owed in exchange for goods or services you have provided but the customer hasn't paid for yet.
Discover the significance of accounts payable turnover in assessing financial performance. Enhance your AP turnover ratio to drive better financial outcomes and learn more about the accounts payable turnover formula.
Online bill pay services are offered by a range of financial institutions and businesses to help customers pay bills online easier and more efficiently.
Net sales generally go to three places: covering your variable costs, covering your fixed costs, and your profit. Learn how to calculate variable expense ratio.
A liquidity ratio measures your ability to cover existing debts. Here's how to calculate the liquidity ratio for your business.
Managing accounts payable can represent a headache for small business owners. BILL can help you understand the AP process, and how to manage outgoing payments.
A purchase order (PO) is an official document that is sent from a buyer to a seller, documenting the agreement for a sale of specific products and/or services.
What is a trial balance? Learn more about how this internal report can improve the accuracy of your financial statements for your business.
Invoice processing is an integral part of your business’s accounting process, so what is it, how does it work, and why automated invoice processing is better.
BIN numbers allow merchants to evaluate and assess payment card transactions. Here's how BINs work and how they impact your business.
What is a bank draft? Discover how bank drafts differ from other payment methods. Learn how to make and accept this secure form of payment.
