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
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.
CHIPS payments offer a convenient way to transfer large sums of money. Here's how CHIPS payments works, and how they compare to other methods.
What is a PayFac? A payment facilitator enables you to accept a variety of non-cash payments. Here's how it works and what features to look for.
What is a promissory note? Explore promissory note types and examples; and learn more about these documents and how they govern the lending process.
Prorating can help you charge a fair, flexible price. But what does prorated mean, and how does it impact your customer base?
A billing cycle refers to a period from the end of one billing statement date to the next. Learn more on how you can use them to your company's advantage.
Bank ratings are assigned to inform the public about a financial institution's stability and security. Know your bank's rating before banking with them.
A DPO calculation gives insights into how fast or slow a company pays off its invoices. Learn how to calculate DPO and understand what a high or low DPO means.
Find out how to improve your business processes and use accounts payable automation software to avoid duplicate payments to your vendors and suppliers.
