FundThrough

APRIL 28, 2023

When you’re looking for ways to fund your business, you’ve got to look at every possibility to find the right fit and create your ideal funding mix. Maybe you’ve decided that getting your invoices paid in advance makes sense and you’re researching all the possible ways it can be done. As entrepreneurs ourselves, we understand […] The post Invoice Factoring vs Reverse Factoring: Which is Best for Your Business?

Invoicing 98

Invoicing 98

NextProcess

APRIL 28, 2023

As a small business, how are you managing accounts payable? Early on with a small business, it’s pretty common to use a manual, paper-based process. You simply write a check for invoices when they come in, and you might track payments in Excel or some other program. Later, you might start using accounting software like QuickBooks to help make things easier.

Accounts Payable 96

Accounts Payable Accounts Payable AP Accounting 96

Enterprise Recovery

APRIL 28, 2023

Listed as an asset on financial statements such as the balance sheet , accounts receivable is an important resource to your business. It's considered an asset because it can be converted to cash if collected within the payment terms set in your client contracts. If it's not collected in a timely manner, it becomes a drain on company resources. Policies and procedures must be documented to increase the success of these collections.

Accounts Receivable 83

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 83

Accounting Tools

APRIL 28, 2023

Related Courses Cost Accounting Fundamentals A period cost is any cost that cannot be capitalized into prepaid expenses , inventory , or fixed assets. A period cost is more closely associated with the passage of time than with a transactional event. Since a period cost is essentially always charged to expense at once, it may more appropriately be called a period expense.

Cost Accounting 75

Cost Accounting Accounting Accounting 75

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

Tipalti

APRIL 28, 2023

Both Tipalti and AvidXchange help companies automate their accounts payable processes, but with different features and capabilities. Read our Tipalti vs AvidXchange comparison.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Accounting Tools

APRIL 28, 2023

Related Courses The Interpretation of Financial Statements What is an Interim Period? An interim period is a financial reporting period that is shorter than a full fiscal year. Interim financial reports are generally quarterly financial reports that are required for any entities whose debt securities or equity securities are publicly traded. Depending on which securities regulator or stock exchange is involved, an entity will be required at least to issue interim financial reports at the end of

Financial Reporting 75

Financial Reporting Financial Statements 75

NextProcess

APRIL 28, 2023

Let’s think about the types of customer service you need to do in an accounts payable department. Usually if you’re answering customer service calls and emails, it’s because your vendors and suppliers want to check on the status of a payment or update their information. What if you could automate that? Or more specifically, what if you had accounts payable automation software that made customer service a lot easier right along with everything else involved in processing and paying invoices?

Customer Service 52

Customer Service Accounts Payable Accounts Payable AP 52

Counto

APRIL 28, 2023

Financial Data: The Role of Analytics in Accounting Small and Medium-sized Enterprises (SMEs) play a critical role in Singapore’s economy, contributing 48% of its GDP. As the business landscape continues to evolve at a rapid pace, the demand for accurate and reliable accounting services for small businesses in Singapore cannot be overstated. With the increasing complexity of financial data, it has become essential for businesses to utilise the latest analytics tools to make informed financial de

Outsourced Bookkeeping 52

Outsourced Bookkeeping Accounting Accounting Financial Statements 52

CSI Accounting & Payroll

APRIL 28, 2023

When it comes to managing your finances, professional guidance can make a huge difference. This is where accounting firms like CSI come into play, offering a range of services for small businesses for over 50 years. However, even if you know you’re looking for guidance, the type of service you need depends on your specific situation. For CSI's monthly accounting clients, we offer both advising and consulting services, which can sometimes cause confusion.

Accounting 52

Accounting Accounting Small Business Accounting Tax 52

FundThrough

APRIL 28, 2023

We understand why you might be asking, “is invoice financing risky”? After all, we all want to avoid making a bad financial decision for our business. One wrong move and you could be out hundreds if not thousands of dollars, which takes months to recover from. We understand the hesitation and worry on a personal […] The post Is invoice financing risky?

Invoicing 52

Invoicing 52

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

Economize

APRIL 28, 2023

Understanding the significance of accountability in FinOps and continuously improving your organization's FinOps decision and accountability structure are vital for long-term success

FinOps 52

FinOps FinOps Accounting Accounting 52

Analytix Finance & Accounting

APRIL 28, 2023

The role of technology in modern CPA firms has been growing rapidly in recent years. The adoption of new technologies has brought significant benefits to CPA firms, including increased efficiency, improved accuracy, and better client service. However, technology adoption also comes with challenges, such as increased cybersecurity risks and the need for ongoing training.

CPA 52

CPA Data Entry Financial Statements Auditing 52

Tipalti

APRIL 28, 2023

The accounting equation is the foundation of financial accounting. Learn how to use this formula to balance your books and understand your business's financial health.

Accounting 52

Accounting Accounting Financial Accounting Financial Operations 52

Accounting Fun

APRIL 28, 2023

Accountaholic Beenblower Beancounter Beankeeper Closeted counter Counting consultant Counting countess Double entry deviant Dealer in debits and credits Journal junkie Legder lover Number cruncher Penny processor Provisions peddler Any more?

Accounting 44

Accounting Accounting 44

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Accounting

Tipalti

APRIL 28, 2023

Compare Tipalti’s end-to-end, customizable global payments platform to Payoneer’s payment platform in our in-depth guide.

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Accounting Tools

APRIL 28, 2023

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is Land? Land is real estate that is exclusive of any buildings or other assets situated on the property. Depending on the terms of a land ownership agreement, the owner may be awarded the right to use all natural resources on and under the land, which may include water rights, fishing rights, mining rights, and so forth.

Financial Reporting 40

Financial Reporting Auditing Tax Accounting 40

NACM

APRIL 28, 2023

? In-person networking, relevant educational sessions and maintaining certifications are just three of the many reasons credit professionals gave to attending NACM's 127 Annual Credit Congress this year.? Hear why credit professionals of all different backgrounds say they are excited for June 11-14.⭐ Sheila Willis; Phil McCraw; Josh Gorman, SHRM-CP.

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Accounting Tools

APRIL 28, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Loan Capital? Loan capital is funding that must be repaid. This form of funding is comprised of loans , bonds , and preferred stock that must be paid back to investors. Unlike common stock , loan capital requires some type of periodic interest payment back to investors for use of the funds.

Corporate Finance 40

Corporate Finance 40

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The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

AP

Accounting Tools

APRIL 28, 2023

Related Courses Financial Analysis What is Labor Intensive? A business is labor intensive when the total cost of labor incurred is larger than the other costs of the business. A labor intensive business tends to have a high percentage of variable costs , in the form of wages. There are fewer labor intensive businesses than had been the case in the past, since improvements in efficiency and the introduction of automation have reduced the proportion of labor costs in many firms.

Financial Analysis 40

Financial Analysis 40

Accounting Tools

APRIL 28, 2023

Related Courses Project Accounting Project Management What is the Latest Start Time? The latest start time is the latest possible date and time by which a project segment can begin without negatively impacting the completion date for an entire project. If the latest start time is exceeded, it delays the start time of the next project segment, and therefore the completion of the project as a whole.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 28, 2023

Related Courses Project Accounting Project Management What is the Latest Finish Time? The latest finish time is the latest possible date and time by which a project segment can be completed without negatively impacting the completion date for an entire project. If the latest finish time is exceeded, it delays the start time of the next project segment, and therefore the completion of the project as a whole.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 28, 2023

Related Courses The Interpretation of Financial Statements What is a Liquid Asset? A liquid asset is any asset that is readily convertible into cash within a short period of time, and which suffers no loss in value as a result of the conversion. Convertibility is assisted by the presence of a large market in which there are many participants, and in which it is easy to transfer ownership from the buyer to the seller.

Financial Statements 40

Financial Statements Accounts Receivable Accounts Receivable Account Receivables 40

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Accounting Tools

APRIL 28, 2023

Related Courses Real Estate Tax Guide What is an Involuntary Conversion? An involuntary conversion involves the forced disposition of property in exchange for a payment. There can be tax ramifications when the associated payment is made. If there is a loss on an involuntary conversion, the taxpayer can recognize it at once. This gain or loss rule does not apply when the property is the taxpayer's main home.

Tax 40

Tax 40

Accounting Tools

APRIL 28, 2023

Related Courses Controller Education Bundle New Controller Guidebook What is Internal Reporting? Internal reporting involves the compilation of financial and operational information on a frequent basis, which is distributed to those within an organization who can use it to improve performance. Examples of the information included in internal reports are expense trends, failure rates, detailed sales data, and employee turnover.

Financial Statements 40

Financial Statements 40

Accounting Tools

APRIL 28, 2023

Related Courses Business Insurance Fundamentals What is Insurance? Insurance is a contractual agreement under which the insured party promises to pay the insurer a periodic amount in exchange for a payout in the event of a future loss. If such a loss occurs, the insured party may be required to retain a portion of the loss (known as a deductible), while the insurer pays the remaining amount.

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Accounting Tools

APRIL 28, 2023

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is the Net Income Formula? The net income formula yields the residual amount of profit or loss remaining after all expenses are deducted from revenue. The results of this formula are closely watched, since they reveal whether a business is likely to be a viable operating entity.

Financial Analysis 40

Financial Analysis Accruals Financial Statements Tax 40

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

Accounting

Accounting Tools

APRIL 28, 2023

Related Courses The Income Statement The Interpretation of Financial Statements What is Income from Operations? Income from operations is the profit generated by the operations of a business. This classification of income excludes gains and losses from the sale of assets, interest income , interest expense , and any other income not related to the core operations of the firm.

Financial Statements 40

Financial Statements 40

Accounting Tools

APRIL 28, 2023

Related Courses Corporate Finance Treasurer's Guidebook What is an Interest Bearing Note? An interest bearing note represents funds loaned by a lender to a borrower , on which interest is accrued in accordance with the terms of the agreement. These notes have many applications. For example, an account receivable can be converted into a note, under which a customer is instead classified as a borrower, and pays interest on what had formerly been considered an account receivable.

Corporate Finance 40

Corporate Finance Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

APRIL 28, 2023

Related Courses Accounting for Inventory How to Audit Inventory Inventory Management What is Inventory? Inventory is an asset that is intended to be sold in the ordinary course of business. Inventory may not be immediately ready for sale. Inventory items can fall into one of the following three categories: Held for sale in the ordinary course of business; or That is in the process of being produced for sale; or The materials or supplies intended for consumption in the production process.

Auditing 40

Auditing Accounting Accounting 40

Accounting Tools

APRIL 28, 2023

Related Courses Financial Analysis What is Incremental Revenue? Incremental revenue is the sales associated with an additional quantity sold. The calculation of incremental revenue involves establishing a baseline revenue level and then measuring changes from that point. The concept is used in the following situations. Incremental Pricing Incremental revenue calculations are derived when evaluating whether to accept an offer from a customer to sell more goods or services, usually at a reduced pr

Financial Analysis 40

Financial Analysis 40

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