Yearly Archives: 2021

Both invoices and bills are records of a sale that indicate how much a customer owes a seller, and both are issued before a customer has made payment for the transaction. In retail and hospitality industries, bills are often issued to customers at the point of sale to request payment for goods or services rendered. [...]

Our build vs. buy calculator will help you to make the best possible decision for your business. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. At the bottom of your spreadsheet for February, add this note, tracking changes to your balance. Cash management software can integrate [...]

And to understand each of the steps, let’s consider the above-mentioned Dobson example. This means Dobson books company would either have to reduce its fixed expenses by $30,000. On the other hand, net sales revenue refers to the total receipts from the sale of goods and services after deducting sales return and allowances. This means [...]

They handle everything from tracking revenues, expenses, and profits (general/business accounting) to managing client funds held in trust (Trust/IOLTA accounting). These software are designed to ensure the smooth running of your law firm’s financial operations and compliance with legal standards. A robust accounting platform like Tabs3 offers comprehensive, reliable, and strong accounting capabilities, supported by [...]