Resources on basic accounting and payment terms business owners must know.
Xero is a cloud-based accounting software specifically designed to meet the financial management needs of businesses, freelancers, and growing companies.
Discover what is a sales invoice and how a professional sales invoice helps you get paid. Learn to create a sales invoice with our guide and templates.
Learn how early payment discounts work to save money and improve cash flow. Discover when to pay early and how automation helps capture business saving.
Learn what multi-entity accounting is, its key benefits, and examples of multi-entity accounting. Discover how software can help simplify the process.
What is reverse factoring? Learn the reverse factoring definition, how it works with examples, benefits, and how it compares to factoring and reverse factoring.
Learn how AI in accounts receivables helps automate invoicing, predict late payments, reduce errors, and improve cash flow efficiency.
Discover what mass payment is, how mass pay works, and how it helps businesses send multiple payments faster and more efficiently.
Learn what invoice-to-pay means, how the invoice to pay process flow works, and why it matters for your business.
Learn about common ACH return codes. Discover what they are, how to handle them, and how to avoid ACH returns in the first place.
Learn how businesses calculate income tax payable and why they need to record this value on their balance sheet to ensure accurate reporting
Learn the meaning of outward remittance, how foreign outward remittance works, the costs involved, and key compliance guidelines.
Learn what approval matrix is in accounting, and how to implement an approval matrix that can offer teams with complex approval workflows.
Learn what an open invoice is, understand the open invoice meaning, and explore how to manage open invoices and outstanding ones effectively.
Learn what ePayables are and how ePayables automation using virtual cards can simplify your AP process, enhance security, and lower costs.
Learn what is a tax advantaged and explore how tax advantaged accounts can offer valuable short- and long-term benefits to help maximize these advantages.
