What Does Payment Deferred Mean? Examples and How it WorksDeferred payment refers to an arrangement where the payment for goods or services is postponed to a future date, rather than being made upfront.read article
What is an Invoice Number? How to Generate One for a Business?An invoice number is a unique identifier assigned to an invoice, serving as a critical element in business accounting and record-keeping. Generate one!read article
What Are Net 30 Payment Terms and How Do They Work?Net 30 is a standard payment term used in business transactions. It indicates that the buyer must pay the invoice within 30 days of the invoice date.read article
How to Create an Invoice for your Business?An invoice is a formal document used by businesses to bill clients for goods or services provided. The primary purpose of an invoice is to establish a clear record of the financial transaction between the seller and the buyer. read article
Balancing Your Accounting Resources with Receivables FactoringYour enterprise needs access to multiple credit sources. This is especially the case given the most recent recession where customers still aren't buying enough and one where customers are still taking way too long to pay their invoices.read article
The Accounting Industry 10 Years After Sarbanes OxleyThe erosion of investor confidence in the wake of accounting scandals at WorldCom, Enron and Tyco led to congressional passage of the Sarbanes-Oxley Act…read article
Tips for Keeping Accurate Accounting BooksYour company's accounting books are incredibly important for several reasons. First of all, the government may decide to stop by and have a look at your…read article

