Accounting software
Accounting software is any computer program designed to assist accountants, bookkeepers, and business owners in their efforts to record financial transactions.
Learn More >Accounting software is any computer program designed to assist accountants, bookkeepers, and business owners in their efforts to record financial transactions.
Learn More >Managing accounts payable can represent a headache for small business owners. BILL can help you understand the AP process, and how to manage outgoing payments.
Learn More >How quickly does your company pay its bills? Find out the answer and if that's a good or bad thing by calculating accounts payable turnover ratio.
Learn More >Accounts receivable refers to money that your business is owed in exchange for goods or services you have provided but the customer hasn't paid for yet.
Learn More >A chart of accounts makes it easier to understand where money is coming from and where it's going. Chart of accounts is like the general ledger's contact list.
Learn More >The general ledger is an essential journal for business owners to understand all the ins and outs (credits and debits) of their financial information.
Learn More >Payroll describes the entirety of a company’s processes, reporting, and standards for paying their employees and withholding proper payroll taxes.
Learn More >Payroll management is the process by which a business manages its payroll— the employees, salaries, hourly wages, payments, and taxes relating to payroll.
Learn More >What is a trial balance? Learn more about how this internal report can improve the accuracy of your financial statements for your business.
Learn More >Net sales generally go to three places: covering your variable costs, covering your fixed costs, and your profit. Learn how to calculate variable expense ratio.
Learn More >A bank account number is a string of numerals (and sometimes letters) that’s designed to identify an individual bank account and its owner.
Learn More >ACH (Automated Clearing House) checks are essentially electronic checks (sometimes called e-checks), or paperless checks.
Learn More >What is an ACH payment, how does it work, and what are the benefits and drawbacks of using ACH payments versus other payment methods? Find out more here!
Learn More >Learn about ACH processing, the different types of ACH payments, and how ACH processing is a safe, fast, and cost-effective way to pay and get paid.
Learn More >An ACH transfer is a specific category of electronic funds transfer. There are two types: ACH debit and ACH credit.
Learn More >What is a bank draft? Learn how to make and accept this secure form of payment.
Learn More >BIN numbers allow merchants to evaluate and assess payment card transactions. Here's how BINs work and how they impact your business.
Learn More >An international bank account number (IBAN) identifies an international or overseas bank account according to a standardized international numbering system.
Learn More >An international wire transfer moves money from a sender in one country to a receiver in another. Learn a cost-effective option to make international payments.
Learn More >Nacha is the organization that regulates ACH bank payments to make them safer, faster, and more reliable for businesses and individuals in the U.S.A.
Learn More >What is a promissory note? Explore promissory note types and examples; and learn more about these documents and how they govern the lending process.
Learn More >A routing number is a nine-digit sequence of numbers that’s used to identify and send funds to specific banking institutions in the United States.
Learn More >The Society for Worldwide Interbank Financial Telecommunication (SWIFT) Payment Network is an international money transfer network established in the 1970s.
Learn More >A wire transfer is a direct transfer of funds completed electronically, managed through one bank or financial institution and sent to a desired recipient.
Learn More >A business model defines what the business sells and its plan for generating revenue. Learn more about different business models and how to create your own.
Learn More >Enterprise resource planning (ERP) software can help you integrate and manage your essential business processes. Here's how the best ERP systems can improve your small business.
Learn More >While all vendors are different, follow these vendor relationship management tips to get started on the right path to building better business relationships.
Learn More >Requisition numbers are unique identifiers that allow every requisition to be tracked. There are multiple types of requisitions that exist to provide more control over company resources.
Learn More >Virtual bookkeeping refers to digital bookkeeping services that perform financial operations for businesses. This can refer to both external freelancers or internal bookkeepers working remotely.
Learn More >A liquidity ratio measures your ability to cover existing debts. Here's how to calculate the liquidity ratio for your business.
Learn More >A solvency ratio helps businesses estimate how long their business can survive. You can measure solvency in many ways. Learn about solvency ratios with BILL.
Learn More >What is spend analysis, how can it benefit your business, and how can an organization ensure an efficient spend analysis implementation? Find out more here.
Learn More >An invoice is a document sent from a business to a customer or client requesting payment after a good or service has been delivered.
Learn More >Invoice coding is the process of embedding additional information into an invoice using a unique system of codes.
Learn More >Invoice processing is an integral part of your business’s accounting process, so what is it, how does it work, and why automated invoice processing is better.
Learn More >Net 30 is an invoice term describing the deadline for payment of an invoice—in this case, 30 calendar days. Learn to understand discount terms like 2/10 net 30.
Learn More >What is a pro forma invoice and how is it different from a sales invoice? Learn more about the definition and use cases of a pro forma invoice here!
Learn More >A purchase order (PO) is an official document that is sent from a buyer to a seller, documenting the agreement for a sale of specific products and/or services.
Learn More >3-way invoice matching is a process that checks for discrepancies between invoices, purchase orders, and goods receipts before invoices are approved and paid.
Learn More >2-way invoice matching is an automated process that checks for discrepancies between purchase orders and invoices before invoices are approved and paid.
Learn More >CHIPS payments offer a convenient way to transfer large sums of money. Here's how CHIPS payments works, and how they compare to other methods.
Learn More >Learn how consumers use digital wallets and how your business can benefit from them.
Learn More >Find out how to improve your business processes and use accounts payable automation software to avoid duplicate payments to your vendors and suppliers.
Learn More >What is an eCheck, how to send one, and what are the benefits of using this payment method compared to paying with paper checks? Find out more here.
Learn More >EDI, or electronic data interchange, is often mistakenly used interchangeably with ACH and EFT. Find out how EDI payment differs from other types of payments.
Learn More >An electronic funds transfer (EFT) payment is the process of moving money from one account to another, electronically.
Learn More >Electronic billing, or e-billing, is the general term for the process and infrastructure associated with paying, processing, and receiving payments online.
Learn More >Online bill pay is a service offered by a range of financial institutions and businesses for paying bills online.
Learn More >Payment automation is any tool a business uses in order to automate their process of paying vendors.
Learn More >What is a PayFac? A payment facilitator enables you to accept a variety of non-cash payments. Here's how it works and what features to look for.
Learn More >Payment management software is any software designed to support a business in the process of payment management.
Learn More >Positive pay is a system for detecting check fraud that compares checks presented at a bank to a list of approved checks provided by the issuer.
Learn More >Prorating can help you charge a fair, flexible price. But what does prorated mean, and how does it impact your customer base?
Learn More >Sending remittance advice to give information about your payment is an accounting best practice and courtesy to your suppliers and vendors. Find out more!
Learn More >A virtual credit card (also known as a virtual card) is a temporary digital card number that is used for online transactions.
Learn More >