A billing cycle, or billing period, is the length of time between the last statement closing date and the next. Most financial products that require monthly payments, such as credit cards, student ...

What Is the Economic Cycle? Why Is It Important? Just like nature changes throughout the seasons, an economy experiences times of growth and contraction.

The accounting cycle is an eight-step process that accountants and business owners use to manage a company’s books. Learn more about it in our guide.