Resources on basic accounting and payment terms business owners must know.
What is a DUNS Number and why does your business need one? Learn how this 9-digit identifier impacts your business credit, credibility, and partnerships.
What is an ACH hold and how long does it last? Learn why banks restrict funds, common triggers like large deposits, and how to prevent cash flow disruptions.
Learn what are virtual credit cards and how do they enhance online security, set spending limits, prevent fraud, and manage business expenses with ease.
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.
Unsure of what financial institution is best for your business? This article breaks down the different types of institutions and what services they offer.
The American Bankers Association (ABA) is a trade association for U.S. banks. It serves as a foundation for everything that’s going on in the banking space.
Operational efficiency is an accounting metric that compares profits to operational costs. Learn how to measure and improve your operational efficiency.
A purchase requisition is a formal, internal request to purchase a good or service. Learn the purchase requisition process and why it's important to have.
