The Federal Accounting Standards Advisory Board staff has released a technical bulletin in an effort to clarify the loss allowance standards for accounts receivable and related recognition standards ...
Search for “factoring” on Google and you won’t find much about CIT Group Inc. or Wells Fargo Capital Finance, two of the country’s biggest factoring firms. But you will find an ad from tiny Fast A/R ...
Catamount Funding shares insights on simplifying journal entries for Houston invoice factoring, helping businesses improve accuracy and cash flow management. HOUSTON ...
To lay the groundwork for this article, I need to describe how factoring transactions work. I will do this by describing the two principal varieties of factoring transactions: Notification Factoring ...
Sometimes your customers or clients just don't pay what they owe. You will need to allow for or write off unpaid accounts receivable, and you need accurate records for taxes and financial statements.
The Federal Accounting Standards Advisory Board staff released an exposure draft of a technical bulletin that would clarify the existing standards for loss allowances for intragovernmental receivables ...
Invoice factoring is a financial solution that allows businesses to sell outstanding invoices to a factoring company for immediate payment rather than waiting for their customers to pay those invoices ...
Key performance indicators, or KPIs, measure the effectiveness of a function within an organization, and are especially important for a core functional area such as accounting. By tracking and ...