Accounting Tools

NOVEMBER 7, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What are Short Term Sources of Funds? Collect Receivables Faster You can add staff and use a variety of procedures to accelerate the payment of accounts receivable by customers.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Corporate Finance 75

Accounting Tools

DECEMBER 20, 2023

Factoring involves the sale of receivables by a seller to a finance company, which is called the factor. This is an especially valuable financing option for smaller organizations that do not have ready access to bank loans. Under a factoring arrangement, the customer is notified that it should now remit payments to the factor.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

oAppsNet

MAY 7, 2024

In any business, managing finances effectively is pivotal to sustaining and growing operations. Among the various aspects of financial management, accounts receivable collections stand out for their direct impact on a company’s liquidity and cash flow. What Are Accounts Receivable Collections?

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Collections 40

Accounting Tools

JANUARY 22, 2024

The holders of common stock have voting rights at shareholder meetings and the opportunity to receive dividends. If the corporation liquidates , then common stockholders receive their share of the proceeds of the liquidation after all creditors and preferred stockholders have been paid.

Corporate Finance 73

Corporate Finance Accounting Accounting 73

Nolan Accounting Center

NOVEMBER 15, 2023

Nolan Accounting can help you track the financial ratios of your Southeast Wisconsin business. In this article, we’ll explain some of the most common financial ratios that you can use to evaluate the health of your business. Top 5 Financial Ratios The finances of your small business tell the story of the health of your business.

Accounts Receivable 101

Accounts Receivable Accounts Receivable Account Receivables Collections 101

Counto

FEBRUARY 3, 2024

Accounts Payable vs. Accounts Receivable: What’s The Difference? In the world of business finance, managing your accounts payable (AP) and accounts receivable (AR) is vital for maintaining a healthy financial outlook. Monthly debt payments, however, are typically recorded under accounts payable.

Accounts Payable 52

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

The Institute of Financial Operations

APRIL 1, 2022

Do a quick litmus test on your current Accounts Payable (AP) processes: How many FTEs in Accounts Payable? Now find out: What percentage of invoices are received in electronic form (OCR, EDI, XML, PDF, Excel, Self-billing, PO-Flip, PCards etc.)? Article by: How many invoices do you process per annum?

Accounts Payable 130

Accounts Payable Accounts Payable AP Data Entry 130

AP Association

APRIL 7, 2022

This push for technological innovation is impacting the landscape of multiple industries, including finance. Accounts payable (AP) is an integral part of business finance that works to ensure that companies are effectively handling their financial obligations.

Accounts Payable 130

Accounts Payable Accounts Payable AP Accounting 130

Accounting Tools

APRIL 11, 2024

The conditions under which a time draft functions are as follows: Receiving and paying parties. There must be an issuer that creates the time draft, as well as a payee that is to receive the stipulated funds. A time draft is also known as a usance draft. Payment date.

Corporate Finance 40

Corporate Finance Billing Accounts Receivable Accounts Receivable 40

Accounting Tools

SEPTEMBER 7, 2023

The indirect method for the preparation of the statement of cash flows involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities. Related Courses The Statement of Cash Flows What is the Cash Flow Statement Indirect Method?

Financial Statements 75

Financial Statements Accounts Receivable Accounts Receivable Account Receivables 75

Accounting Tools

APRIL 29, 2024

Simple yield is the amount of interest received from an investment, divided by the current market price or face value of the associated investment. This is a simplified calculation used to approximate the return on an investment, without accounting for the compounding effect of these returns over time.

Corporate Finance 40

Corporate Finance Accounting Accounting Financial Analysis 40

Counto

APRIL 23, 2024

It includes cash, marketable securities, and accounts receivable—assets that can be quickly converted into cash within 90 days. High Dependency on Receivables: If a significant portion of your assets is in accounts receivable, your liquidity is dependent on the timeliness of customer payments.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accruals 52

Counto

FEBRUARY 3, 2024

Understanding Accounts Receivable Aging Reports As a business owner, managing your finances efficiently is essential for maintaining a healthy cash flow and ensuring that your operations run smoothly. One crucial tool in achieving this is the Accounts Receivable Aging Report.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Accounting Tools

AUGUST 28, 2023

Related Courses Corporate Finance Crowdfunding Treasurer's Guidebook What is Accounts Receivable Financing? Accounts receivable financing involves the sale of one’s accounts receivable in exchange for a working capital loan. These invoices are also known as trade receivables.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Counto

MARCH 20, 2024

Cash vs Accrual Accounting: Which is Better? The choice between cash and accrual accounting can significantly impact how businesses manage their finances. Cash Basis Accounting Cash basis accounting revolves around timing – recording revenue and expenses based on when money exchanges hands.

Accruals 52

Accruals Accounting Accounting Accounts Payable 52

Accounting Tools

MAY 7, 2024

These measurements can be used to examine the performance of all aspects of a business, including the accounting, engineering, finance, marketing, materials management, production, research, and sales departments. Related Articles Accounting Ratios Activity Ratios Efficiency Ratios Operating Performance Ratios

Financial Statements 40

Financial Statements Collections Accounts Receivable Accounts Receivable 40

Accounting Tools

AUGUST 8, 2023

Related Courses CFO Guidebook Corporate Finance Crowdfunding What is Asset Financing? Asset financing involves the use of existing assets as collateral in order to secure a loan. The most common use of asset financing involves the pledging of trade receivables, since receivables are easily convertible into cash.

Corporate Finance 40

Corporate Finance Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

NOVEMBER 8, 2023

Related Courses Bookkeeping Guidebook Credit and Collection Guidebook How to Audit Receivables What are Trade Receivables? Trade receivables are amounts billed by a business to its customers when it delivers goods or services to them in the ordinary course of business.

General Ledger 40

General Ledger Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

JUNE 11, 2023

Related Courses Corporate Finance Working Capital Management What is Accounts Receivable Discounted? Accounts receivable discounted are unpaid billings to customers that have been sold to a third party in exchange for cash.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Corporate Finance 40

Accounting Tools

JUNE 7, 2023

Cash Flows from Operating Activities Cash flows from operating activities refer to the primary revenue -generating activities of an entity, such as cash received from the sale of goods or services, royalties on the use of company-owned intellectual property, commissions for sales on behalf of other entities, and cash paid to suppliers.

Financial Statements 75

Financial Statements Payroll Accounts Receivable Accounts Receivable 75

Accounting Tools

DECEMBER 28, 2023

Examples of cash inflows from operating activities are cash receipts from the sale of goods and services, and receipts from the collection of accounts receivable. Other Types of Cash Flows The other two classifications used in the statement of cash flows are investing activities and financing activities.

Collections 75

Collections Accounts Receivable Accounts Receivable Account Receivables 75

Spenmo

JANUARY 24, 2024

According to a report by the Institute of Finance and Management , manual invoice processing can take up to 45 days. In this article, we'll explore the various features of Spenmo that can help automate bill payment and creation. Finance teams can now say goodbye to the tedious task of manually entering data from invoices.

Billing 52

Billing XERO Data Entry Invoicing 52

Accounting Tools

OCTOBER 28, 2023

Related Courses Accounting for Leases What is a Lease? Lease Classifications for a Lessee The choices for a lessee are that a lease can be designated as either a finance lease or an operating lease. If this is not the case, then the lessor has a choice of designating a lease as either a direct financing lease or an operating lease.

Accounting 75

Accounting Accounting Collections 75

CSI Accounting & Payroll

JUNE 28, 2023

As a small business owner looking to outsource your accounting, you might be familiar with the concept that your business will thrive if you outsource everything you possibly can and focus on growing and improving your business. What are my options for managing my bill pay? What are my options for managing my invoicing?

Billing 52

Billing Invoicing Accounts Payable Accounts Payable 52

Nanonets

JANUARY 25, 2024

Automating accounts payable (AP) differs from many other enterprise business processes. For that reason, relevant communities and resources for accounts payable extend beyond finance. For that reason, relevant communities and resources for accounts payable extend beyond finance.

Accounts Payable 52

Accounts Payable Accounts Payable AP AR 52

Accounting Tools

APRIL 6, 2024

The master budget is the aggregation of all lower-level budgets produced by a company's various functional areas, and also includes budgeted financial statements , a cash forecast, and a financing plan. For example, it may show accounts receivable turnover , or inventory turnover , or earnings per share.

Budgeting 74

Budgeting Accounts Receivable Accounts Receivable Account Receivables 74

Accounting Tools

MAY 21, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook How to Sell Accounts Receivable You might choose to sell your accounts receivable in order to accelerate cash flow. Doing so is accomplished by selling them to a third party in exchange for cash and a hefty interest charge.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Tools

MAY 12, 2024

Stakeholders can have a significant impact on decisions regarding the operations and finances of an organization. Stakeholder theory states that the managers of a business must take into account the needs of all stakeholders, not just shareholders. Related Articles Stakeholder Management Stakeholder Value Governments.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

JUNE 17, 2023

Related Courses Bookkeeping Guidebook Effective Collections How to Audit Receivables What is Accounts Receivable? Accounts receivable refers to money due to a seller from buyers who have not yet paid for their purchases. The amount of non trade receivables is usually quite small. The sale is on credit.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Accounting 75

Accounting Tools

JUNE 20, 2023

Related Courses Accounting for Leases How to Account for a Capital Lease A capital lease is a lease in which the lessee records the underlying asset as though it owns the asset. This means that the lessor is treated as a party that happens to be financing an asset that the lessee owns. Lease payments. Depreciation.

Accounting 75

Accounting Accounting Accounts Payable Accounts Payable 75

Accounting Tools

MAY 15, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Accounts Receivable Pledging? Accounts receivable pledging occurs when a business uses its accounts receivable asset as collateral on a loan , usually a line of credit.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Tools

MARCH 11, 2024

What is an Accounting System? An accounting system is a set of accounting processes with integrated procedures and controls. Though an accounting system can be entirely paper-based, this situation is usually only found in quite small businesses.

Accounting 40

Accounting Accounting Accounting Software Billing 40

Accounting Tools

OCTOBER 14, 2023

Related Courses Corporate Finance Enterprise Risk Management GAAP Guidebook What is a Special Purpose Entity? As long as certain accounting criteria are met, the founding corporation does not have to record the special purpose entity in its accounting records. Related Articles Special Purpose Acquisition Companies (podcast)

Corporate Finance 40

Corporate Finance Financial Statements Accounting Accounting 40

Accounting Tools

APRIL 17, 2024

Related AccountingTools Courses Accounting for Bonds Accounting for Investments Corporate Finance Example of the Amortization of a Bond Premium ABC International issues $10,000,000 of bonds at an interest rate of 8%, which is somewhat higher than the market rate at the time of issuance.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

oAppsNet

MARCH 21, 2024

In business finance, accounts receivable management is critical to financial stability and growth. From late payments to invoice disputes and inefficient billing processes, navigating the complexities of accounts receivable management requires finesse and strategic planning.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Tools

MARCH 2, 2024

It does not include any investing or financing activities. Indirect Method To calculate operating cash flow under the indirect method, subtract all depreciation , amortization , income taxes, and finance-related income and expenses from the reported net income of a business. What is Operating Cash Flow?

Financial Statements 40

Financial Statements Accounts Payable Accounts Payable Accounts Receivable 40

Counto

FEBRUARY 15, 2024

Moreover, these loans come with attractive interest rates, ensuring that borrowers can access financing without the burden of exorbitant repayments. Enterprise Financing Scheme (SME Working Capital Loan): Specifically designed for local SMEs with a maximum of 200 employees, this loan offers financing of up to $1 million per borrower.

Invoicing 52

Invoicing Financial Statements Payroll Financial Reporting 52