by Victor Alejandro | Sep 29, 2020 | Bookkeeping
Many of the small-business accounting software tools on this list are inexpensive. But for newly launched independent businesses with little cash to spare, any additional expense can break the bank. Wave, an accounting tool designed for small businesses, understands...
by Victor Alejandro | Sep 26, 2020 | Bookkeeping
ContentPercentage of Credit SalesProtect Your Business Against Bad Debt Expense with Trade Credit InsuranceDirect write-off method exampleAgeing of accounts receivable formula exampleRecording a bad debt expense for the allowance methodWhy must a business record Bad...
by Victor Alejandro | Sep 25, 2020 | Bookkeeping
ContentPoor Cash ManagementWhat is the “allowance for uncollectible accounts” account?Introduction to Process Mining DemoWhat is Accounts Receivable?Are higher or lower accounts receivable better?What if they don’t pay?Manual Processes AR management can be a tedious...
by Victor Alejandro | Sep 25, 2020 | Bookkeeping
Should a need arise that falls out of scope, [Insert firm name] will contact [Insert client name], assess the need, and quote an upfront price for ABC Inc. to either accept or decline. Before we get to sample engagement letter template sections and how to create your...
