Quickbooks Accountant was developed by Intuit to facilitate an efficient and highly advantageous accounting experience. This was designed and introduced to the public with the sole intention of equipping accountants with the most favorable tools for... Read more
The program for professional bookkeepers and accountants Wave Accounting was launched in 2009 in Canada. The package of software provides a set of financial and other online services for small and medium businesses. Wave accounting is absolutely free... Read more
Trade payables are short-term liabilities for which the amount to be paid is more often known than uncertain (such as for reserves). Businesses, almost without exception, take into account any type of trade payables in their statements of financial p... Read more
One of the most important indicators of any company's performance is a cash flow statement. It includes the flow of financial resources to the organization, i.e., the sources of funding for its activities and their allocation for internal and externa... Read more
A line of credit is a type of bank loan that has a number of specific features. In this case, the bank (lender) sets only limits on the maximum amount and the deadline for repayment of the loan. The client (borrower) determines the need for credit re... Read more
Accounts receivable is the amount of debt owed to the company from legal entities or individuals as a result of economic relations with them. Usually, debts are generated from sales on credit.Objects of civil rights include money and securities, othe... Read more
Accounts receivable — everything that other companies, the government, or individual clients owe to the company. Accounts receivable, for example, appear when a company sold a product but did not receive the money. Then, the buyer's debt for the prod... Read more
Everyone loves money, but if you really like to keep track of your money, pay bills and balance your checkbook, then an Accounts Payable will help to achieve this. Accounts Payable DefinitionWhat are accounts payable? According to the accou... Read more
Managing accounts payable is one of the main tasks of modern business. The effectiveness of such management depends not only on the success of the company but also its existence in general. In this article, we will review the basic rules of debt mana... Read more
When we speak about petty cash, we mean a small amount of money that is used in order to cover some expenses that are most expected. In different offices and organizations, petty cash may have a different numeric value. It depends mostly on the size... Read more
