If you’ve ever sold a product or service, you already know how important it is to get paid on time. But when money is involved, there’s more than just sending a bill and hoping it gets paid. Behind every successful business transaction, there’s a system that keeps things organized, clear, and traceable. This system lives… Continue reading Understanding Invoices, Billing, and Payment Terms: A Simple Guide to Getting Paid Right
Tag: accounting terms
Understanding Write-Offs and Write-Ons
In the world of finance and accounting, a lot of terms sound more intimidating than they actually are. “Write-off” and “write-on” are two of those phrases that tend to confuse people at first glance, but once you break them down, they’re pretty straightforward. They’re important tools for managing the accuracy of financial records, and they… Continue reading Understanding Write-Offs and Write-Ons
