Cash on Delivery (COD) was initially limited to mail-order transactions that required the buyer to hand over physical cash upon receiving the goods from the […]
Reports
An Introductory Manual to Cash Flow Management for Freelancers
As an independent professional or freelancer, you possess the freedom to choose your projects and clients and manage your workload. However, along with these benefits […]
The Unmissable Advantages of Online Invoicing for Freelancers
Are you still adhering to the practices of the past? A time when the only method of communication was paper-based, and online correspondence seemed like […]
The Quintessential Elements of an Accounts Receivable Aging Report
An Accounts Receivable Aging Report, or simply an Aging Report, is a critical financial tool that outlines the due amounts that a business needs to […]
Emphasizing Key Invoice Reports: Ignoring Them Could Be Risky
Maintaining a firm grip on business finances is a continuous process that is paramount to the prosperity of any business. Regularly scrutinizing invoice reports, whether […]
Understanding Your Obligations: Reporting Credit Card and App Payments to the IRS
If you run a company that accepts payments by credit, debit, or stored value cards or via third-party settlement companies such as PayPal, it is […]
The Role of Accrued Expenses in Financial Reporting
Accrued expenses, also known as accrued liabilities, play a critical role in the realm of financial reporting. These are expenses that a company incurs over […]