A business credit score is an indicator of your overall business financial health. It lets lenders and suppliers know you can pay your debts, and is a useful tool for cementing a reliable reputation. But it is your credit policy that protects your business cash. Why is a business credit score important? Continue reading Why is a Business Credit Score Important?
Accounts payable is the event that pays for the liability incurred by the purchasing process, which is for supplier purchases or inventory required by manufacturing to meet customer demand. Sales generates the demand that created the accounts receivables, which is turned into cash. How do you write accounts payable procedure manual to support the purchasing policies and procedures manual, to disburse the cash? Continue reading How to Write an Accounts Payable Procedures Manual