About the Author: Nathan Kurszewski
Recent posts published:
Recent posts published:
What Is a Trial Balance and How Does It Work?
A trial balance is a fundamental accounting tool designed to ensure the accuracy of financial records. It acts as a checkpoint, summarizing all ledger accounts at a given time [...]
What is a Basis Point?
In finance, precision is paramount, and understanding the language of numbers can be the key to unlocking better financial strategies. The basis point (BPS)is a common term that often [...]
ACH vs. Credit Cards: Comparing Payment Methods
As transactions evolve, merchants often find themselves torn between Automated Clearing House (ACH) payments and credit card processing. Understanding how these payment methods operate and the benefits and disadvantages [...]
LLC Tax Deductions Explored: 23 Must-Know Write-Offs for Small Businesses
While the world of taxes can feel overwhelming, especially for small businesses, learning how to leverage tax deductions for your Limited Liability Company (LLC) can streamline your finances and [...]
How long do pending transactions take to clear?
Have you ever checked your bank or credit card statement to find mysterious pending transactions that leave you wondering where they came from? The world of pending transactions can [...]
How Cash Flow Conversion Can Enhance Your Business’s Operational Efficiency
In the dynamic business world, efficiency often rests on a delicate balance of finances. Cash flow conversion, a simplified way of understanding this balance, can be the difference between [...]
Credit Card Settlements Explained: How They Influence Your Finances
Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes [...]
Navigate Dual Pricing: A Practical Approach to Lower Processing Fees
Businesses are constantly seeking innovative ways to manage their costs effectively. Among these strategies, dual pricing has emerged as a pivotal concept that can significantly influence processing fees. Understanding [...]
Mastering Payment Effective Dates: Key Insights for Businesses
Since the timing of payments can directly impact if a business gets paid early, on the agreed-upon due date, or late, it’s essential to understand a payment's effective date. [...]
A Guide to Allowance for Doubtful Accounts: Definition, Examples, and Calculation Methods
In the complex accounting world, one critical aspect of financial management is the allowance for doubtful accounts. This provision helps businesses anticipate potential losses from uncollectible debts. Allowance for [...]
