Bookkeeping

Once an invoice is issued, invoice discounting provides you with liquid cash ASAP. Such cash injection helps you in many ways like increasing sales, pursuing growth, capital investment, and repaying critical debts. The white-label service provider company applies invoice discounting to a third-party financer. Financier would then offer 80% of the outstanding receivables to the …

What Is Invoice Discounting? The Number 1 Financing Solution Read More »

This double-entry system shows that the company now has $20,000 more in cash and a corresponding $20,000 less in books. Liabilities are obligations that the company is required to pay, such as accounts payable, loans payable, and payroll taxes. To understand how debits and credits work, you first need to understand accounts. Before getting into …

Accounting Debit vs Credit Examples & Guide Read More »

Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. 11 Financial may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. 11 Financial’s website is limited to the dissemination of general information …

Receivables Financial Accounting Read More »

Even though the price is slightly below the appraisal, the agreed upon price is the result of negotiations between the two parties. Every buyer and seller wants to get the best price possible for their financial transactions. Being at arm’s length means there are no personal factors that influence the price and the decision to …

Arm’s Length vs Non-Arm’s Length Transactions The Motley Fool Read More »