When your business provides a product or service to a customer, you expect to receive payment. While some businesses collect their payments at the same time they provide service, others allow their ...

Many small-business owners first become acquainted with financial and accounting terms when they start their business. All invoices should state payment terms to make it clear to the recipient when ...

For all businesses, money is the king, regardless of their size or industry. The entities require regular cash flow from their clients and the customer to meet their expenses towards their vendors of ...

Asking your clients or customers to pay an invoice isn’t the highlight of the day for business owners. However, it’s an essential task that will make or break your business. That’s why having a formal ...

Adjusting the amount of time you give customers to pay an invoice isn't the only way to improve on-time payments. Many, or all, of the products featured on this page are from our advertising partners ...

Average invoice payment times could spiral beyond 40 days by Christmas, business finance firm Optipay says, as a tough economic environment clamps down on small business cash flow. Customer data ...

You’ve closed the deal, signed the contract, and begun—or even completed—work on that new piece of business. Now comes the fun part: getting paid. While contractors increasingly are turning to an app ...

Aging your accounts receivable means measuring the amount of time between when unpaid invoices were issued and the current date. This information is summarized on the accounts receivable aging report, ...

If you’re a supplier working with the City you will need to get a valid 10 digit purchase order number (PO number) before you start work. Once you have a PO number and the City has acknowledged ...