Mar 28, 20225 minLAW BOOKKEEPINGLaw Firm Billing: Ultimate Guide and Best PracticeAdministrative tasks like billing and invoicing can be tedious and time-consuming and you may be stuck if you don’t implement the proper...
Dec 19, 20215 minACCOUNTINGWhat is Accounts Payable? How to Record Accounts Payable ProperlyWhen your company purchases goods on credit that need to be paid back in a short time, it is known as accounts payable. As a business...
Sep 27, 20202 minBOOKKEEPING TIPSAccounting: What are AP and AR ?On the balance sheet, accounts payable is a liability account. Liability is divided into short-term liability and long-term liability.
Jul 1, 20203 minACCOUNTINGHow to process Accounts ReceivableOn the last article, we talked about the definition of Account Receivable and its importance to business. Subsequently, Accounts...
Jun 30, 20202 minBOOKKEEPING TIPSWhat is Accounts Receivable?Most businesses sell to their customer on credit. That implies, they sell and deliver goods or services quickly, send an invoice, then...
Nov 5, 20192 minACCOUNTING6 differences between Debtor and CreditorIn the realm of finance, understanding the difference between debtor and creditor is essential. A debtor refers to an individual,...
Jul 30, 20192 minQUICKSBOOKS TIPSAccounts Receivable vs Accounts Payable in QuickBooks?Have you ever used the functions of creating invoices or bills either in Quickbooks? At the moment we created the invoices and bills, and...