What is the Aging Method?

Contents:IDENTIFYING CASH FLOW PROBLEMSAdjusting collection practicesExplanation of aging method So, basically, accounts receivables are organized according to the date, for which they are outstanding. With this entry, the balance in allowance for doubtful accounts...

8 Strategies to Reduce Your Credit Card Processing Fees

ContentStep ⁠3: Add any applicable point-of-sale (POS) device costsShow Evidence That You’re at Low Risk of Credit Card FraudHow to calculate your credit card processing fees and how to lower themThe parties involved in card feesIs it Legal to Pass Credit Card Fees to...

How to Calculate Working Capital and Build Your Reserve

ContentA High Working Capital Turnover Ratio Indicates What?What Does the Current Ratio Indicate?Negative Working CapitalWorking Capital Formulas You Should KnowWant to take control of your cash flow? It indicates whether the pool of money a company has, or expects to...