About the Author: Nathan Kurszewski
Recent posts published:
Recent posts published:
13 Best Practices for Accounts Receivable
An efficient accounts receivable (AR) process is essential to maintaining any company's financial health, as it represents the money customers owe for goods or services provided on credit. Understanding [...]
What Is Remittance Advice? Definition, Examples, and Tips to Enhance for Your Company
Looking for a Remittance Advice Template? Download our free template today. Download Template Remittance advice is a tool used to [...]
Times Interest Earned Ratio Explained
Navigating the labyrinth of financial metrics can be daunting, but helpful formulas like the times interest earned (TIE) ratio help companies navigate their expenses. It's essential for companies to [...]
The Basics of EFTs: What is an Electronic Funds Transfer?
With the introduction of electronic funds transfers (EFTs), gone are the days of paper checks and manual money handling. EFTs revolutionize how money moves globally, quietly becoming the backbone [...]
Guide to Cash Application Automation Software
Imagine a world where managing financial transactions is as easy as clicking a button, free from the tedious task of manual data entry and the errors that come with [...]
Statement of Retained Earnings: What is it? How to Prepare It, and Examples
Imagine a reservoir of funds, steadily growing with each fiscal period, held back by a company for future investment, debt reduction, or as a cushion against unforeseen financial challenges. [...]
What Are Embedded Payments?
How we pay for goods and services constantly evolves, from bartering to banknotes to modern times with digital wallets and embedded payments. Embedded payments represent the latest frontier of [...]
Year-to-Date: What it Means and How to Calculate It
Imagine you're halfway through the year and want to gauge your financial progress. Year-to-date (YTD) is a crucial term in finance and accounting, but its relevance extends far beyond. [...]
Understanding the Cash Application Process: Tips for a Smooth Process
The cash application process is fundamental in ensuring that cash circulates efficiently. But what exactly is it, and why is it crucial for your business? The cash application is [...]
Understanding B2B Payments: Exploring Payment Methods and Key Terms
Business-to-business payments play a crucial role in commerce by allowing companies to process payments with each other using specific payment methods and key players to facilitate these transactions. To [...]
