Recent Posts
The Ultimate Guide to Electronic Invoicing: How It Works, Benefits, and Best Practices
The Ultimate Guide to Electronic Invoicing explains how digital transformation in accounts payable enhances efficiency, reduces bad debt risk, and simplifies payment collection for small businesses.
How Credit Card Settlements: Impact on Business Finances and Payment Processing Best Practices
When a customer pays with a debit or credit card, the funds don’t instantly appear in the business’s bank account. Instead, a series of steps transfer the money from the customer’s account to the business. A key component of this process is credit card settlement.
Mastering Business Financial Decisions: Strategies, Tools, and Techniques for Success
Whether it’s choosing between a pricey lunch or a full gas tank or deciding how to invest $5,000 in a business, all financial decisions have consequences. Even small choices can impact overall financial stability. For SMB owners, the challenge is making smart financial decisions that balance short-term desires with long-term success.
Everything You Need to Know About Merchant Accounts for Your Small Business
A merchant account temporarily holds funds from purchases. Once the customer’s bank verifies sufficient funds and the transaction is complete, the funds are transferred to the merchant’s business checking account.
Integrated Accounting Systems: Streamlining Financial Operations for Your Business
Accounting software has advanced from basic tools to integrated systems, unifying financial data across departments. Now, you can instantly reconcile books and access accurate company financials in one place.
Implementing Dual Pricing to Reduce Credit Card Processing Fees: A Guide for Business Owners and Accountants
Merchant pricing models always involve costs for accepting credit cards. When reducing processing fees isn’t feasible, implementing dual pricing can help. Here’s an overview of dual pricing and its legal considerations.
Mastering the 3 Core Principles of Accounting: A Guide for Business Leaders
Accounting principles help businesses track finances. The cash principle records settled transactions, while the accrual principle includes earned revenues and expenses.
12 Essential Questions to Choose the Right Merchant Service Provider for Your Business
Searching for a new merchant service provider? Think of it like dating—you want to ask the right questions and get to know the payment processor before committing. To help, we’ve compiled a list of key features and questions to guide your decision.
Top Expense Policy Strategies for Modern Businesses
From fraud to compliance, learn how a well-crafted expense policy can protect your business, prevent disputes, and keep spending under control!
Comprehensive Guide to Optimizing Payment Links
Learn how payment links and mobile wallets simplify transactions—offering your customers a seamless, one-tap payment experience that boosts convenience and satisfaction!
Can I Legally Charge a Credit Card Fee to My Customers?
Is charging credit card fees to your customers legal—and could it actually help your business stay afloat? Discover the answers and key insights that every business owner needs to know!
Federal Firearms License (FFL): A Step-by-Step Guide for Aspiring Gun Dealers
Unlock the step-by-step guide to securing your Federal Firearms License (FFL) and navigate the legal process with confidence and ease.