If you are running a business, basic record keeping is essential. Without accurate and dependable records, your liabilities and receivables are nearly impossible to determine with any accuracy, ...

Purchase Orders and Invoices: How Do They Work? At the beginning of a transaction, the buyer (or client) of a product/ service creates and issues a Purchase Order. It specifies the details of a ...

Business owners have many different types of expenses they have to account for. These expenses come from a variety of sources but are generally accompanied by an invoice stating the cost. However, in ...

Brex reports that proper invoicing is crucial for timely payments, outlining essential components and best practices to ...

Are purchase orders legally binding? What are the benefits of a purchase order and how does the process work? Paul Barnes explains more Understanding the legal implications of purchase orders is ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...