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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. For business owners, a working knowledge of both accounts payable and accounts receivable is necessary to sustain business operations.

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Interesting Niches under a COVID Cloud

BuildYourFirm

Retail and Wholesale Trade – Most aspects of the retail sector are way down, and online shopping (Amazon and others) is way up. Given this evolution during the COVID cloud, below are some niches we are seeing accountants starting to capitalize on. Accounting for Cyber Security and Technology. Accounting for Hedge Funds.

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Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business

Snyder

Static budget – the most basic type of budget that takes into account only fixed expenses – the ones that don’t depend on production or sales volumes. You might also want to take into account some seasonal fluctuations in revenue. Synder – Accounting and analytics for e-commerce and SaaS businesses. to forming a budget.

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What’s Behind SoftBank’s Tech Investment Moves?

PYMNTS

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus.