Resources on basic accounting and payment terms business owners must know.
Learn what return on equity (ROE) is, how to calculate it, and understand the return on equity ratio. Discover the return on equity formula and its importance.
Learn what the interest coverage ratio is, how to calculate it, and understand the interest coverage ratio formula for better financial analysis.
Learn what budget variance is, its definition, and how to calculate budget variance. Explore budget variance analysis techniques to improve financial planning.
Learn what income smoothing is, ethical concerns, how it works, and why businesses use it to stabilize earnings and attract investors.
Learn what free cash flow is, its importance to business leaders and investors, and how to calculate free cash flow with the formula and definition.
What is flexible budget? Flexible budget helps manage costs while supporting business growth. Check out a flexible budget examples to see how it works.
Learn what is petty cash, definition and why companies need a petty cash fund. Discover best practices to manage petty cash.
Discover what deferred revenue is, its meaning, how it impacts financial statements, and best practices for managing unearned revenue.
Use this guide to help you prepare an analytical report, and learn to make data-driven decisions to enhance the performance of your business.
Learn key differences between flat-rate and hourly pay systems for business owners. Discover which method suits your business needs and boosts profitability.
Get the liability definition, learn what liability is, explore liability examples, and see how companies manage them for better financial security.
Discover what payment service providers are, what a PSP does, how they work, and the payment processing services they offer to businesses of all sizes.
Learn how to write effective informational reports to communicate data, facts, and updates clearly. This guide covers types, structure, and best practices.
Learn why unique invoice numbers are crucial for tracking payments, maintaining records, and streamlining accounting with automated invoicing systems.
Learn what is working capital ratio, how to calculate it using the formula, and what a good ratio indicates about a business financial health.
