A three-way match is verifying the purchase order, invoices, and delivery notes to ensure that they are identical before authorizing payment on the invoice.
Here is the complete guide on how to categorize expenses for small business. Let's go through the blog to know more!
A P&L(profit and loss statement) is a financial document that demonstrates your company's profitability for a specific time frame. Tap to read more!
Here is the top 10 tips to collect payments from customers polietly. Let's go through the blog to know more!
Here is the complete guide on voucher vs invoice along with types, formats, etc. Let's go through the blog to know more!
A deposit invoice is a type of invoice that allows businesses to request partial payment in advance for goods or services delivered at a later date.
Invoices are purchased by factoring companies before they are due, and the discount they obtain is called a factoring fee. Tap to know more about invoice factoring rates.
A payment processor facilitates the transaction and a payment gateway is a tool that communicates the approval or decline of transactions between you and your customers.
Electronic payment is a digital transaction between two parties, with e-payment types including cards, mobile wallets, UPI, internet, and mobile banking.