Topic: Accounting
What is bank reconciliation? Overview & quick guide
Bank reconciliation is the process of comparing your bank statement with your own records to ensure that they...
Accounts receivable management: A complete guide
Accounts receivable management is a critical aspect of financial management that involves the efficient...
What is accounts receivable (AR) financing?
Cash flow is the lifeblood of any business and, to ensure liquidity, businesses often need to borrow over the...
What is a promissory note?
A promissory note is a written agreement between a lender and a borrower that sets out the terms of a loan.
What is an EFT payment?
An Electronic Funds Transfer (EFT) payment is a payment option with unparalleled convenience, efficiency, and...
What’s the cash from financing formula and why is it important?
Cash from financing (CFF) refers to the net amount of cash generated or used by a company through its...
What is deferred revenue?
Deferred revenue, also known as unearned revenue or prepaid income, is an accounting concept that represents...
The importance of accurate bookkeeping for businesses
Accurate bookkeeping is the cornerstone of a successful business. It involves the meticulous recording,...
What is an invoice?
An invoice is a legal document requesting payment for products sold or services rendered. It contains the...
How to check for liquidity and solvency in your debtors
Liquidity and solvency are important in determining debtors' financial health and repayment ability. The...
What's the difference between accountants and bookkeepers? | Chaser
Financial roles in business management are critical for ensuring accurate tracking, reporting, and analysis...
What does an accountant do? | Chaser
Balance sheets, tax regulations, financial statements - these are just some of the many concepts an...