Articles and updates on accounts payable automation, invoice processing and finance operations.
How 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 and examples.
Read articleCost of goods sold is the direct cost of the products a business sold in a period. See the COGS formula, worked examples, and the journal entry.
Read articleClosing entries move revenue, expense, and dividend balances into retained earnings so the next period starts at zero. See the four steps and examples.
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.
Read articleAdjusting entries explained: the five types, worked examples, and how each one keeps your accrual-basis books accurate at month-end close.
Read articleThe accounts payable subsidiary ledger explained: what it tracks per vendor, how it ties to the GL control account, and why the reconciliation matters.
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