What Are Trade Receivables? Definition & Examples
Trade receivables are the sum of money your customers owe you for buying goods and services on credit. These amounts…
8 min read
Deskera
Deskera is a market leader in smart cloud-based business management solution, trusted by 80,000 users worldwide. With its big data backbone, Deskera offers a much required industry tool that is desig
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Latest Posts
Bank Reconciliation: How It Works and Why It’s Important?
A bank reconciliation is a schedule that explains any discrepancies between the balance on the bank statement and the balance…
9 min read
What Is Liquid Net Worth? Definition and Calculation
Not all assets can be easily liquidated. Usually, high-value fixed assets such as buildings, equipment, or vehicles take months and…
9 min read
Depreciation Schedule: A Beginner’s Guide
Not all assets that a business owns are held for sale. Property, buildings, equipment, vehicles, machinery, and other fixed assets,…
12 min read
Payback Period: Definition, Formula & Examples
Ideally, businesses would pursue all projects and opportunities that hold potential profit and enhance their shareholder’s value. However, there’…
6 min read
What Is Accumulated Profit? Definition & How It Works
An essential amount that corporations need to calculate at the end of every accounting period, is their accumulated profit. Accumulated…
6 min read
What Is a Business Proposal and How to Create One?
A well-written business proposal can often mean the difference between making or breaking a deal with a potential client. It’…
13 min read
What Is Auditing? Definition, Types & Importance
Auditing originates from the Latin term “Audire”, which means “to hear,” - just as in ancient times auditors used to…
7 min read
Operating Income: Definition, Examples & Calculation
If you’ve ever looked at an income statement, you’ve probably noticed “operating income” listed as a businesses' main…
6 min read
The Basics of Cost Accounting
All types of businesses, whether they provide services, manufacture products, or sell merchandise have costs, and thus, require cost accounting…
8 min read
Small Business Grants: What Are They And How To Apply
The world of business can be risky. External factors - like the Coronavirus showed - might affect your small business’…
17 min read
Enterprise Sales: What Is It and How to Approach It?
Selling to large corporations and enterprises means entering an extended buyer journey. The process is long, resource-intensive, and you’ll…
9 min read
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