Topic: Payments
Statement of account: Guide to clear, professional statements (+ template)
Need a clear and professional statement of account sample for your business? Whether you're chasing payments...
What is dunning? Full guide to how it works in accounts receivable
What is dunning? Dunning is the process of sending reminders and notices to customers who have overdue...
How to ask for payment professionally in message
Asking for payment can be a delicate situation, especially when dealing with clients or customers. Striking...
Early payment discount: what is it & how and when to use it?
In today's fast-paced business environment, managing cash flow effectively is crucial for maintaining...
What are accounts receivable vs accounts payable?
In the world of finance, two crucial concepts that play a significant role in managing a company's cash flow...
8 payment reminder emails to get you paid faster
The sad fact is that87% of businesses report that their invoices get paid after the due date. This late...
5 ways to get clients to pay outstanding invoices
At a time when60 percent of all invoices issued are paid late, proactively chasing overdue payments has...
What is bank reconciliation? Guide to accurate books and finance
Bank reconciliation is an essential process for your business. Get it right, and you’re well on your way to...
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...
Are debit card transactions cash or accounts receivable?
Debit card transactions are generally considered cash transactions because the funds are immediately deducted...
What is an ACH payment?
Automated Clearing House (ACH) payments have transformed the landscape of financial transactions, providing a...