Due to this trend, any business can benefit massively from offering multiple payment options to its customers. However, maintaining a growing number of payment options can create a lot of extra costs, labor, and security issues. Payment service providers deliver...
While accounts receivable represent amounts customers owe for goods or services provided on credit, notes receivable arise from formal agreements requiring repayment of a specific amount plus interest. The payee of a note receivable is the company or individual...
Journal is the first book of original entry in which all transactions are recorded event-wise and date-wise and presents a historical record of all monetary transactions. It may further be divided into sub-journals as well which are also known subsidiary books....