Resources on basic accounting and payment terms business owners must know.
Discover how hedge accounting works. We’ll discuss the different types of hedging instruments that can be used, the key principles and benefits associated with hedge accounting, and compliance and disclosure considerations.
Discover what invoice discounting is and how it works. Examine the advantages and disadvantages so you can make an informed decision about whether or not it's right for your business.
Learn effective steps for accurate account reconciliation and achieve financial clarity. Read the article to streamline your reconciliation process today!
Revolving credit is an open line of credit you can use whenever you need it. Learn how it works and the impact it has on businesses.
Learn what retained earnings are, how to report them and where do they fit on a balance sheet by looking at formulas and examples.
The expense reimbursement process allows employers to pay back their employees who have spent their own money on business-related expenses.
A profit and loss (P&L) statement details the revenue, expenses, and costs from a specific time period to show net profits. Also called an income statement,
What’s the difference between overhead costs and operating expenses? We've defined the difference with common examples for business owners.
Learn about how incremental budgeting can help your business plan for the future by looking at the past. Manage your incremental budget now.
Income statements are essential to understanding if your company is performing well and gives you a glimpse of your company’s profitability.
Grow your sales and stock evaluation by automating financial reporting based on generally accepted accounting principles.
Funding is a common tool that businesses use to grow and improve. Learn about the types of business funding and how they can help your business.
Financial statements help investors, managers, and business owners better understand the financial stability and profit potential of a company.
Financial accounting allows you to measure the financial well-being of your company by tracking every transaction made within your business.
Expense tracking is the process used to record everything your business spends money on reporting receipts, credit card statements and more.
