Finances

There are several laws and guidelines collection agencies must follow when collecting on a debt. Here are the laws that apply to you if you owe creditors.

A credit policy provides flexible payment options to customers while ensuring you get paid what you’re owed. Learn how to write one.

When you're suing a debtor, getting a judgment in your favor is just part of the journey. There are often several steps required to recoup what you are owed.

This federal law regulates how debt collectors can interact with debtors. Here's what you need to know.

Don't let unpaid invoices ruin your profitability. These strategies can improve your business's debt collection endeavors.

Accounting reports show how your business is performing financially. Here are the reports that matter most.

A business line of credit provides a lot of financial flexibility. Here is how it could help your business.

Terms loans can help your business finance a wide range of projects. See if this is the right financing option for you.

Tracking cost of goods sold (COGS) is an important indicator of financial health and critical for tax deductions. Here's how to calculate COGS.

An income statement can be used for gauging the health of a business and making strategic decisions. This guide explains how to prepare an income statement

It may benefit employees if you can offer them a payroll advance in times of financial emergencies. Here's how to offer an advance to your employees.

Want to optimize your cash flow management? Spend more time with your accounts payable and receivable.

The accounts payable aging report can give you a complete view of your cash flow from one month to the next.

Learn how PayPal invoices work and how businesses and freelancers can send PayPal invoices to get paid.

This article explains how value-based healthcare improves outcomes and results in happier practitioners and less spending throughout the medical industry.

Medical claims are documents that your practice must submit to payers for reimbursement. Learn how to create them here.

EFT and ERA have numerous advantages in medical billing, mostly related to your cash flow, time and medical record accuracy.

Mental health billing differs from medical billing primarily due to variables in mental healthcare not present in primary or specialty care.

The HCFA form is what non-institutional practitioners use to bill insurance companies for services provided. Here's how to complete and file it.

Learn how to accept overnight payments electronically and offer this added benefit to your customers.

Revenue-based financing can help businesses find capital without incurring interest or losing equity. Learn the pros and cons of revenue-based financing.

It's a good time for small businesses to buy property. Here's what you need to know to start acquiring commercial real estate.

Employers are required to pay state unemployment insurance taxes. Here's how to calculate and pay unemployment tax in your state.

Learn what merit pay is, how to award merit pay increases, and best practices for implementing a merit pay policy.

Is it time for the U.S. to remove the penny from circulation? Learn why some experts think the one-cent copper coin isn't worth the trouble of manufacturing.

Direct deposit is the electronic transfer of wages from your bank to your employees' accounts. Here's how to set up direct deposit for your business.

Cost accounting makes it easy to track the value of large assets on your books. Learn when to use it for your small business.

You must pay your employees the greater of your state's hourly minimum wage or the federal minimum wage. Learn more about minimum wage laws.

Processing payroll is critical for businesses. Refer to this payroll checklist to ensure you stay compliant and don't miss vital payroll processing steps.

QuickBooks can help businesses with accurate financial reporting and decision-making. Learn how to enter bills into QuickBooks.