When performing the financial side of your small business operations, you'll come across several accounting and bookkeeping terms when making financial reports and balance sheets. One such term is accounts receivable. Often, this term goes hand-in-hand with the phrase accounts payable. However, they are two different financial practices in your business operations.
The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is.
Cash is constantly moving in and out of businesses. For example, when a retailer purchases inventory, money flows out.
One of a CEO's most important tasks is staying on top of the company's numbers. This isn't just something for.
Having access to data is one of the most important factors that come into play when running a business. Technology has.
When it comes to your balance sheet vs income statement, they are not the same. There is a difference. While both will.
