accounts receivable
Understanding Accounts Receivable

When getting goods or services from a company, customers often do not immediately pay the full amount of their purchases.

capital gain
Capital Gain – Definition, Classification

A capital asset is anything you have and use for either personal or investment purposes. An example would be a

capital loss
Capital Loss – Definition, Calculations, Examples

Capital assets such as investments, bonds, estate, etc., are usually sold at a higher price than their original price. But sometimes,

5 C's of Credit
The 5 C’s of Credit

Credit is like fuel for a business. It allows businesses to run smoothly and helps the company to grow and

trade credit
Trade Credit – Credit period, Credit Analysis

When it comes to buying and selling a product, we often don’t want to shell out money upfront. Instead, what

down payment
What is Down Payment?

Down payment is a term that comes in the context of buying expensive assets, or services or when borrowing a

good debt and bad debt
Good Debt and Bad Debt: What’s The Difference

Good and bad debt are terms used in the financial world. They refer to different borrowing types, which can affect your credit

Mortgage
Mortgage – Definition, Components, Types

Having a home or property is the goal of many people worldwide. If you’re thinking about buying a home or

overdraft
Overdraft – Definition, Types, Pros and Cons

Overdrafts are an ordinary part of banking life. They can happen when you make a transaction more than your available

initial public offering (IPO)
Initial Public Offering (IPO): Overview

Private companies are involved in a process called initial public offering occurs when a private business or corporation makes its

working capital loan
What is a Working Capital Loan?

The working capital loan, also referred to as working capital advances or working capital lines of credit, are unsecured loans

Small Business System & its steps to develop

Effective business systems provide benefits to businesses. However, putting a system in a business is like adding fuel. Many entrepreneurs

digital-marketing-strategy-for-small-business
Digital Marketing Strategy & Benefits for Small Bu...

If you want to have a successful business? A great digital marketing strategy is completely important to you. It helps

Information technology
How Information Technology Improves Your Business Proc...

Nowadays, the use of technology is necessary for every business that exists because technology helps organizations in their business processes,

accounting software
How do companies use software to improve their accounti...

Nowadays, accounting software has become a vital need for businesses. Accounting software can help companies to manage their business more

accounts payable
What is Accounts Payable Automation?

Accounts Payable Automation refers to automation, that is used to update and automate account payable(AP) processes and workflows. It also

Business management tips for sucess
Top 10 Business Management Tips for Success

Are you running a small business? Are you looking for business management tips? This article unveils the top ten business

business and accounting practices
Best Accounting and Business Management Practices

Accounting practice is the system of procedures and controls that accounting professionals use to create and record business transactions. Accounting

small and medium enterprise
Small and Medium Enterprise Accounts Management

Small and Medium enterprise are moving towards sustainability by focusing on cost-effective business activities. Managing accounts and financial data for

Best Invoicing Practices for Small Businesses
Best Invoicing Practices for Small Businesses

Invoicing has always been an essential part of a business and plays a fundamental role in business success. Creating and