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What Is the Current Ratio? The current ratio is a process of assessing whether the company is capable of paying short-term debts. Sometimes known as working capital, the current ratio compares the company’s assets and liabilities in a way that ensures a sustainable financial balance. The higher the current ratio, the greater the capability to… Continue reading Current Ratio: Definition, Formula, and Examples

What Is AVS and Its Working Process? AVS stands for Address Verification Service, a security measure that companies use to prevent fraudulent activities. This applies to the e-commerce industry, where online purchasing is a part of the business. AVS has a simple mechanism. It checks and matches the address that the customer enters during the… Continue reading What Is AVS MisMatch and Why Does It Happen? Ways to Fix It

What Is a Billing System? A billing system is a process to generate and manage invoices used to bill clients for services or products provided to them. It ensures accuracy in the billing process, amplifies payment collection, and can support both paper-based and digital invoicing methods. Generally, billing system software relies on automation tools or… Continue reading A Detailed Guide to Billing System: Definition, Types, & Ideal Software

What Is Operating Margin? The operating margin represents the profit that the company makes after expenditure on variable costs and before taxation. It is defined as the proportion of operating income to net revenue or net sales. The operating margin is calculated by dividing operating income by net sales and is represented in percentage form.… Continue reading What Is an Operating Margin and How to Calculate It?

What is Payment Analytics? Payment analytics is the process of gaining payment insights using modern tools or software to enhance business strategies and make data-driven decisions. Most businesses also prefer payment insights to identify customer preferences and provide them with more flexible payment options, driving customer satisfaction. Every time the customer makes an online or… Continue reading What is Payment Analytics & How to Make the Most of It

What Is an Independent Contractor? An independent contractor professional helps businesses or individuals by providing labor, goods, or services in exchange for a specified fee. They act as a third party to the business, but such professionals do not receive the same benefits as employees during their employment. An independent contractor always works as an… Continue reading How to Become an Independent Contractor? Your Complete Guide

What Does Client Billing Mean? Client billing is a process of invoicing clients and urging them for the due payment on their purchased service or product. Companies go for the billing process to ensure they receive on-time payments. This process covers creating and sending invoices to the client. Companies have smooth payment flow and are… Continue reading How to Bill a Client? Determine the Right Steps to Bill

What Is a Delivery Note or Commercial Invoice? A delivery note is a document that represents the details of all the products the buyers receive during the shipping process. It is also known as a commercial invoice or sales invoice. The buyer receives this document, along with the delivered goods, containing the following information: Brief… Continue reading What Is a Delivery Note? Key Details to Include in It

What is an Invoice Due Date? The invoice due date refers to a specific date by which the recipient must clear their dues, or they may incur late penalties. Basically, it is a threshold for the buyer to complete the payment without any additional charges. Once the due date passes, the buyer may be required… Continue reading What is the Invoice Due Date & How to Set the Right One?