Doubtful accounts net against accounts receivable. Learn how having an allowance for doubtful accounts can provide a more accurate view of total assets here.
An average collection period is the amount of time that passes before a company collects its accounts receivable. Click to learn more!
Soon accounting firms will be able to register .cpa domains, with new opportunities for digital branding and online security. Here’s the why and the how.
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Learn why the Accounts Receivable Turnover (ART) ratio is important for businesses, and find out what a high vs low ART ratio means with examples and tips.
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EFT stands for Electronic Funds Transfer. ACH stands for Automated Clearing House Network. Learn about their differences and solutions to common issues here.
The short answer is this: it depends on who’s doing the talking.In the world of transactions, the terms “invoice”, “bill”, “p…
Whether you’re a freelancer or a small business, most of you have wondered what is an invoice? In this post we go over exactl…
It’s a struggle to manage all the different aspects of a small business. Between servicing customers, managing inventory, an…
Whether you’re a freelancer just starting your business or a large enterprise with many customers, one thing’s for sure: coll…

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