As businesses face growing transaction volumes and increasing regulatory requirements, accounts payable teams struggle to maintain efficiency while ensuring payment ...

During a sale of goods or services, a buyer and a seller enter into an agreement to transact business and complete a financial transaction. The agreement can be verbal or written, and the terms of the ...

Cash invoices and official receipts are critical to keeping accurate accounting records and filing taxes at the end of the year. Though both a cash sales invoice and official receipt will represent an ...

Behind every successful business finance operation lies a collection of essential practices that often receive attention only when problems surface. Invoice reconciliation, rarely celebrated or ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...