What are Royalties & How do Royalty Payments Work?

Depending on a company’s internal controls, an AP department either handles pre-approved purchase orders or verifies purchases after a purchase. The AP department also handles end-of-month aging analysis reports that let management know how much the business currently...

How to Start a Bookkeeping Business Step-by-Step Guide

If you’ve got the design chops and have always dreamed of going out on your own, go for it. There are plenty of other low-cost businesses to start that aren’t on this list. But the in-demand small businesses I discussed here can be launched relatively quickly...

Ecommerce Accounting: Definition, Best Practices & Tools

Curate end-to-end buying with custom pricing, product publishing, quantity rules, and payment terms. Represent companies with multiple buyers and locations, and manage purchasing permissions with ease. Portals can offer various order placement, discounting, shipment,...