About the Author: Daniel Cuervo
Recent posts published:
Recent posts published:
How to Stay Compliant with NACHA Requirements
Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. Ensuring compliance with NACHA [...]
What’s the Difference Between Arrears Billing and Paid in Advance?
When it comes to business transactions, understanding the different billing methods is crucial for service providers and clients. Two common methods are arrears billing and paid in advance, each [...]
What Are the Benefits of Outsourcing Accounts Receivables?
In an age where efficiency is king, businesses are perpetually seeking solutions to streamline operations and boost their bottom line. Accounts receivable, a fundamental aspect of financial management, is [...]
Is Accounts Receivable an Asset or a Liability?
Collecting customer payments can often be a challenging and time-consuming process for businesses. Dealing with various payment terms, managing customer credit, and reconciling payments can require substantial administrative effort. Accounts [...]
10 Easy Ways to Collect Payments from Customers
In the modern business landscape, collecting payments efficiently is essential for maintaining a smooth operation and fostering customer loyalty. As technology advances, businesses have access to a variety of [...]
Can I Legally Charge a Credit Card Fee?
When it comes to accepting payments, businesses often grapple with the costs of credit card processing fees. The question “Is it legal to charge a credit card fee?” is [...]
Maximizing Efficiency with Days Sales Outstanding (DSO): A Comprehensive Guide
Since maximizing efficiency is vital for financial success nowadays, metrics like days sales outstanding (DSO) come in handy to help companies gauge their financial health. Understanding and effectively managing [...]
What is Manufacturing Accounting? Everything You Need to Know
Manufacturing accounting is an essential practice that mirrors the precision required in the production process, ensuring every dollar spent and earned is meticulously tracked. To fully grasp its importance, [...]
10 Effective Strategies for Boosting Cash Flow for Manufacturers
Understanding how to improve cash flow is crucial for businesses in the manufacturing industry, as it can be the determining factor in maintaining operational costs, healthy revenue, and successful [...]
Double-Entry Accounting: Pros, Cons, and Everything You Need to Know
Double-entry accounting can revolutionize how businesses track their finances by unlocking a deeper understanding of their financial health. This article will explore double-entry accounting by dissecting the basic principles [...]
