Articles and updates on accounts payable automation, invoice processing and finance operations.
What retained earnings are, how to calculate them with the formula, where they sit on the balance sheet, and how they differ from net income and cash.
Read articleThe four inventory valuation methods, how FIFO, LIFO, and weighted average cost change COGS and profit, and how to pick the right one under GAAP.
Read articleHow to calculate your break-even point in units and dollars, the formula, a worked example, and how contribution margin and fixed costs drive the number.
Read articleDeferred revenue is money collected before the work is done, recorded as a liability until earned. See the journal entries, examples, and deferred vs unearned revenue.
Read articleCost of goods sold is the direct cost of the products a business sold in a period. See the COGS formula, worked examples, the journal entry, and COGS vs cost of sales.
Read articleClosing entries move revenue, expense, and dividend balances into retained earnings so the next period starts at zero. See the four steps, examples, and journal format.
Read articleTIN matching lets AP teams check a vendor's name and taxpayer ID against IRS records before filing 1099s, heading off B-notices, penalties, and withholding.
Read articleStraight-line depreciation spreads an asset's cost evenly over its useful life. See the formula, a worked example, and how it compares to accelerated methods.
Read articleThe 1099-K reporting threshold for 2026 is back to $20,000 and 200 transactions after the OBBBA. Here is what changed and what finance teams should do.
Read articleOperating cash flow explained: the indirect-method formula, a worked example, and how accounts payable and receivable move the number up or down.
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