Resources on basic accounting and payment terms business owners must know.
What is Oracle NetSuite? Learn how this Oracle NetSuite ERP platform unifies accounting, inventory, and CRM into one system to help your business grow.
What is Sage Intacct? Discover how this cloud-based financial management system helps businesses scale through automation, reporting, and consolidations.
Learn what is consolidated invoicing, how it works, and how combining multiple bills into one statement saves time and lowers costs for your business.
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.
The term "net 30" describes the deadline for payment of an invoice—in this case, 30 calendar days. Gain clarity on net 30 payment terms.
An ACH payment is a payment sent via the Automated Clearing House network, an electronic network used to send paperless payments between bank accounts in the US.
Notes payable is a liability account where borrowers record their written promises (promissory note) to repay lenders. See an example of notes payable.
Spend analysis, or procurement spend analysis, refers to the process of collecting, organizing, and analyzing your company's spend data.
What does accounting software do? Discover what accounting software is, how it can streamline your business operations, and help you manage your finances.
Explore the world of SWIFT payments - the global standard for secure and reliable cross-border transactions. Learn how it works and its benefits now.
Why is payment automation important? Benefits of payment automation includes streamlined payment processes, reduced errors, and saved time and money. Read more.
Gain a clear understanding of a chart of accounts and its importance in accounting. Learn the chart of accounts definition and see a chart of accounts example.
The general ledger is an essential journal for business owners to understand all the ins and outs (credits and debits) of their financial information.
The accounting cycle is the process of recording transactions and reporting financial activity. Learn how to perform and monitor your business's transactions.
