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!
Discover what fixed and variable expenses are, provide common examples of each, and explore how the two types of business spending are treated in your company’s financial statements.
Understand what miscellaneous expenses are for small businesses, how they impact financial performance, and how to manage them effectively for accurate reporting.
Learn how job costing helps businesses track project expenses, maximize profits, and make informed decisions by understanding job-specific costs.
Explore effective resource allocation strategies for small and medium-sized businesses, understanding how to best optimize the delegation of your workforce, time, and financial resources.
Learn about the four primary kinds of procurement and how the work in practice. Plus discover eight important procurement strategies and when they are best used or avoided.
Lines of credit offer flexible access to funds, only paying interest on what's borrowed. Learn the types of lines of credit, the limitations, and use cases.
Discover what prepaid expenses are, how they are recorded in financial statements, common examples of prepaid expenses, and why its important for small business owners to be on top of them.
Learn what capital expenditure is, what kinds of expenses fall under this spending umbrella, and how capital expenditure impacts cash flow and financial record keeping.
Discover what tail spend is and what it looks like, discuss how it impacts procurement costs, and dive into five important strategies for identifying, managing, and reducing tail spend.
Maximize your tax deductions and streamline cost tracking with a business mileage reimbursement policy. Get the essential tips to create an effective plan.
Dive deep into the world of smart cards. Explore what they are, their applications in business contexts, and how they compare to other financing options.
Discover whether accounts payable (AP) financing is right for your company. Dive into the various pros and cons associated, and compare it to common alternatives.
