xendoo

MARCH 4, 2022

Many ecommerce owners understand the importance of making sales, but do you know how to record ecommerce sales for your accounting system? No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances.

Sales 105

Sales bookkeeping Account accountant 105

xendoo

JUNE 11, 2022

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. What Is Accounts Payable? What Is Accounts Receivable?

accounts payable 71

accounts payable Account accountant accounted 71

Snyder

JUNE 27, 2022

What is accounts receivable (AR)? Account receivable vs account payable. Understanding the accounts receivable process. Why you need accounts receivable. Accounts receivable turnover ratio. Accounts receivable aging schedule. What to do to have fewer overdue payments. Contents: 1.

accounting basics 98

accounting basics Account accountant accounted 98

Accounting Seed

NOVEMBER 23, 2022

Managing Accounts Receivable Manually If your accounting system is on a cash basis, AR isn’t an issue. If you use accrual accounting, you record transactions as soon as you earn the money. What Is Accounts Receivable Automation? On your balance sheet, you count the amount in AR as an asset.

Account 52

Account accountant accounted accrual accounting 52

LyfeAccounting

OCTOBER 28, 2020

In this post, I’m going to simplify the accounting basics for small business owners. By the end of this post, you will know the what, why, and how of accounting. What is Accounting? Like really, what does accounting mean? The Accounting Process for Small Business. With that said, let’s begin.

accounting basics 52

accounting basics CPA Account accountant 52

MineralTree

MARCH 16, 2023

Without the proper processes and controls in place, it’s relatively easy for a fraudster to impersonate one of your vendors, spoof an email account , and send a request to update the payment information with a fraudulent account. What is Accounts Payable Outsourcing? What Is Accounts Payable Automation?

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

Snyder

SEPTEMBER 20, 2022

In today’s article, we’ll examine why reconciling is important, what makes it difficult, and outline a secure and efficient way to do it in just two clicks. What is account reconciliation? Why do you need account reconciliations? Difficulties in reconciling accounts. How to do account reconciliation.

general ledger 98

general ledger Account accountant accounted 98