About the Author: Nathan Kurszewski
Recent posts published:
Recent posts published:
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 [...]
Your Step-by-Step Guide to Filling Out a Merchant Application
While navigating merchant applications can feel daunting, it’s a crucial step for any business looking to accept payments. These applications enable merchants to partner with payment processors to seamlessly [...]
13 Questions to Ask When Evaluating a Merchant Service Provider
Choosing the right merchant service provider is crucial since these providers facilitate electronic payments that will allow your business to accept credit and debit cards and ACH/eChecks, which can [...]
What is a Merchant Account and Does Your Business Need One?
Mastering the financial aspects of operating a business is paramount to achieving success. A fundamental element that every business leader should be well-versed in is the merchant account — [...]
What Do You Need To Open a Business Bank Account?
Starting a business typically requires making numerous financial decisions, such as choosing a suitable bank account to manage finances, separate personal and business expenses, and build credibility with clients [...]
Clearing vs. Settlement Systems: Why They Matter to Banks
In an increasingly complex financial world, it’s essential to thoroughly understand operations that involve transactions and financial institutions. Financial clarity is especially important since banks engage in countless daily [...]
How to Effectively Manage Short Payments: Strategies, Best Practices, and Solutions
Getting paid has always been a critical component for any company since incoming funds drive revenue and allow for acquiring and allocating resources to various high-priority operations that keep [...]
What is Marginal Revenue and How To Calculate It
Understanding the financial intricacies of a business often hinges on concepts like marginal revenue, additional income generated from increasing product or service sales by one unit, which plays a [...]
Navigating the ACH Landscape: Understanding Payment Types and Payment Codes
Automated Clearing House (ACH) transactions are revolutionizing how businesses and consumers transfer money, offering a variety of payment types to meet diverse needs. Recognizing the different types of ACH [...]
What is an Integrated Accounting System?
Since efficiency and accuracy in financial management have never been more essential, integrated accounting systems offer a streamlined approach combining various financial functions into a cohesive platform. This innovative [...]
