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Invoices are a common part of doing business. If you’re purchasing an item from someone, they will provide the invoice with the terms for making payment. This article will explore the terms for when you’re going to be paying someone. We’ll discuss two main types of invoices: the ones with payment terms that are discussed […]
GAAP is an acronym for Generally Accepted Accounting Principles (GAAP) which is a set of guidelines and standards for how businesses should account for their transactions. These rules are designed to ensure that investors can rely on the information provided by public companies, which has been established as a cornerstone principle in the securities laws. […]
A Bill of Lading (abbreviated as BoL) is a document which serves as proof that goods have been delivered. It also specifies the terms and conditions under which those goods were shipped. The BoL may be required for Customs clearance, or it might simply be used for domestic transport purposes. Courts rely heavily on the […]
Mandatory Rules for Invoices Businesses have an obligation to keep proper financial records as well as creating the necessary financial documents that pertain to the business. In many cases, one of these categories will be invoices. There are laws in place that pertain to these. What every business must keep in mind is that there […]
There are many options available to the business owner who needs to incorporate the best practices for generating invoices. These can be the backbone of the business; therefore, they require careful attention. It is not uncommon for small businesses to start out using resources like Excel or Word for the creation of invoices. They soon […]
A proforma is a type of invoice that is classified as a binding contract between the seller and the buyer. It does allow for the option of changing the sales terms when necessary. Buyers can rely on the sales price shown on the proforma invoice as being accurate. This type of invoice may also include […]
A commercial invoice is a legal document used to track the movement of goods, especially where customs are involved. It is provided by the seller to the buyer to act as a customs document for clearing the products for export across international boundaries. A commercial invoice is not used as a receipt for goods payment […]
The Detailed Business Invoice Guide for Business Beginnners For those who are entering the business world as their own boss, it quite often means they are going to be the proud owner of a Company. This is a journey that can be most exciting and at times overwhelming, but one that can bring a great […]
One of the many resources that are available to most businesses is invoicing software. There are several different types to select from, so the choice should be made carefully. 💾 How is it Going to Store Data? The history of an invoice is essential, which means it needs to be stored securely. The varied types […]
An invoice is an accounting and bookkeeping document used as a request for payment of goods. It is prepared by the seller and sent to the buyer. But many people take an invoice for just a simple document. Well, the fact is that an invoice is a structured document that may even be produced in […]
What is DCF? Discounted cash flow (DCF) is an analysis method that is used to value a company, project or asset. DCF applies the principles of time value of money and is helpful in estimating the attractiveness and viability of an investment. In this valuation method, the cost of capital is used in estimating and […]
Every company needs to find its most efficient manner of invoicing. Many modern-day businesses are now using online services for this and many other business purposes. Traditional Invoicing There are several different options when it comes to traditional invoicing. A small company can create their invoices by hand and then use traditional mail services to […]
As a business owner in the U.S., you know that selecting the right business bank account is no easy task. Many banks will entice you with all forms of offers, with others going to an extent of making empty promises. To avoid the tremendously laborious process of choosing the right account, you’ll want to approach […]
You may have heard and read about debt collection agencies. The agencies are tasked with collecting money from borrowers who haven’t paid their debts in time. It is not uncommon to hear of hundreds of consumers in the United States complaining of being harassed because they owe other people, or businesses, money. The Federal Trade […]
What is a Debt Collection Agency? A debt collection agency is an entity that helps lenders or businesses recover debts that are past due, according to the Fair Debt Collection Practices Act (FDCPA). Debt collection agencies are also called debt buyers and debt collection companies. If you own a small or medium sized business, you […]
Bookkeeping is the process of keeping track of the financial happenings that take place in any business. No matter how big or small the business is, it is important that proper financial record keeping is executed. Historians don’t know for sure exactly when bookkeeping practices came into existence, but they do know that some crude […]
Tips to Help Choose the Best Invoicing Software There are many options available to the business owner who needs to incorporate the best practices for generating invoices. These can be the backbone of the business; therefore, they require careful attention. It is not uncommon for small businesses to start out using resources like Excel or […]
How Does a Proforma Invoice Look Like? A proforma is a type of invoice that is classified as a binding contract between the seller and the buyer. It does allow for the option of changing the sales terms when necessary. Buyers can rely on the sales price shown on the proforma invoice as being accurate. […]
What is a Commercial Invoice? A commercial invoice is a legal document used to track the movement of goods, especially where customs are involved. It is provided by the seller to the buyer to act as a customs document for clearing the products for export across international boundaries. A commercial invoice is not used as […]
Small businesses are encouraged to grow but are often not given the same financing opportunities as larger corporations. For example, when it comes to business loans. It is much easier for a large established business entity to get financing. One option that a business can utilize to help raise capital is by considering accounts receivable […]
The Invoice 2 Go Tools Invoice 2 Go is a small business invoicing software package that also comes with some additional tools to help with the accounting needs of a small company. Templates One of the most important features of this invoicing software package is it allows the users to not only create professional looking […]
Every business wants to rely on resources that are going to help them operate their business. When it comes to invoicing there are plenty of options for assisting with this. The challenge is in choosing the right option for a specific business. One of many options is Zoho invoicing. Zoho is an invoicing software that […]