What is Invoice Management? Invoice management is receiving, processing, and paying invoices from vendors and suppliers. It involves a series of steps that ensure the accuracy and timely payment of invoices to cash flow. Invoice management is similar to the Tetris game, except that invoices pile up on your desk instead of blocks falling from… Continue reading How to Organize Accounts Payable Invoices?

Why are Estimates so Important? Estimates are essential for several reasons, especially in business and project management. Here are some key reasons why estimates are crucial: 1. Helps with Budgeting Estimates provide a rough idea of how much a project or service will cost, which allows businesses and individuals to plan and budget accordingly. 2.… Continue reading How to Price Plumbing Jobs: Plumbing Estimating Guide

A Quick Glance at the Best Business Expense Tracking Apps 1. Moon Invoice – One of the best expense tracking softwares for businesses of all sizes that helps them to manage expenses digitally through advanced features. 2. FreshBooks – This is a well-known expense management app that offers advanced features to help businesses streamline their… Continue reading Best Business Expense Tracking Apps for Your Small Business

How to Value a Landscaping Business? In 2023, the landscaping industry in the United States was predicted to be worth around $176 billion. The landscaping industry reached a record-high value of almost $100 billion in 2016. In the United States, the market for this service is expected to increase at an annualized rate of 8.1%… Continue reading Learn How to Sell a Landscaping Business – Everything You Need to Know

Overview of Stripe Transaction Fee Stripe Transaction Fees refers to the processing fees Stripe charges for processing online payments, such as credit and debit card transactions, ACH transfers, and international payments. The Stripe payment fees are generally based on the type of transaction being processed, the country in which the transaction takes place, and other… Continue reading Stripe Payments Part 2: Guide on Payment Processing Fees

B2B Payments Definition (What are B2B Payments?) Payments between companies are called “business-to-business” (B2B) transactions. These transactions include selling an item or service in return for a predetermined amount of money. It depends on the conditions agreed upon between the buyer and the seller when conducting business-to-business (B2B) transactions. Cheques written on paper are still… Continue reading A Guide to B2B Payments: Methods, Trends, Process

Do You Know? In 2024, Stripe’s revenue growth increased by 28% to $5.1 billion, and during the same period, its cash flow doubled to $2.2 billion. What Is Stripe? Stripe is a cloud-based payment processing platform that lets businesses make or accept payments via credit and debit cards, ACH transfers, and other international payment options.… Continue reading What Is Stripe Payment? Define Its Working and Benefits

POS System Subscription Fees We have established that a POS system is becoming necessary for businesses that deal with customers daily. A point-of-sale (POS) system is essential for any business to streamline operations and improve the customer experience. You must be wondering how much a pos system costs. However, one of the most significant expenses… Continue reading Navigating the World of POS Systems: How Much Does a POS System Cost?

6 Effective Ways to Avoid Fees on PayPal PayPal levies fees for sending and receiving invoices through its platform. The standard fee for sending an invoice is 2.9% + $0.30 per transaction. But, the fee may vary depending on factors such as the country, currency conversion fees, and payment method used. Here are six practical… Continue reading How to Avoid PayPal Invoice Fees to Maximize Your Business’ Profits