Is Accounts Payable an Asset or a Liability?
While it may be a little clear whether accounts payable is a liability or an asset, it may not be as clear whether accounts payable is a debit or..
Accounts Receivable Revenue and Assets Explained
Accounts receivable revenue can be confusing for small businesses because it’s money that’s owed but hasn’t yet been paid.
How Can Accounts Payable Automation Help Your Small Business?
If you’re a small business owner, chances are you are busy – sometimes really busy – and haven’t given much thought into automated accounts payable...
How to Set Up a Full Cycle Accounts Payable Process and Workflow
Pop quiz: do you know exactly who you need to pay and when? Is your accounts payable process smooth and seamless or are you constantly hunting down..
What Is the Accounts Receivable Process?
The accounts receivable process sounds like a complex process of accounting, but it’s not. When you boil it down to its essence, accounts..
12 Accounting Innovations CFOs Cannot Afford to Live Without
Being a Chief Financial Officer (CFO) in today's world is quite different from what it was, even 10 years back. The demands of a fast-paced,..
Accounts Receivables vs. Accounts Payables: What’s the Difference?
Accounts receivables and accounts payables are two sides of the same cash flow coin. On the one side, your accounts receivable is a current asset on..
The Complete Guide to Improving Your Business with Accounts Receivable
Accounts receivable for small businesses may be a basic process of accrual accounting, but that doesn’t mean you’re using it to its full..
Why It's Important to Separate Personal and Business Finances
Anyone who has ever started a business understands how important it is to mingle with other business owners. Creating a strong business network is..