If you're feeling bogged down by the busywork of tracking bills and payments, or if you've found yourself being a less-than-ideal client to your providers, then there's a good chance your accounts ...

You've got to spend money to make money and, at any given time, your business undoubtedly owes someone something. Even if you're a solo entrepreneur or an independent contractor, you're likely ...

Accountants record closing entries at the end of every accounting period. Closing entries transfer the revenues and expenses the company incurred during the period to the equity section of the balance ...

Accounting systems and accountants must follow a set of principles called generally accepted accounting principles, commonly referred to as GAAP. These principles define the way certain transactions ...

Accounts Payable is responsible for accurate and timely payment of all invoices for the University. This includes all payments on purchase orders, blanket purchase orders, check requests, travel ...

Keeping track of the money your business owes its suppliers and vendors is crucial to its financial health and long-term viability. That’s why all businesses need an accounts payable reporting process ...

What Is the Difference between Accounts Receivable and Accounts Payable? Your email has been sent Accounts payable and receivable are required to ensure your cash flow and spending are appropriately ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

Editor’s note: This article was excerpted from 202 Services You Can Sell for Big Profits. Getting paid and money management can be tricky business because, in addition to customers, cash flow and ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. David is comprehensively experienced in many facets of financial and legal ...