What Is a Cash Account? A cash account is one type of brokerage account, usually funded by cash. With the cash account, investors can buy and sell financial securities, such as stocks, mutual funds, and exchange-traded funds (ETFs), using only the available cash in their account. Since borrowing is not allowed in this type of… Continue reading What is a Cash Account & How it Differs From a Margin Account

What to Cover in a Painting Invoice? As a professional painter, you need to cover the following information below. Invoice Number – An invoice number is a distinct identifier given to each new invoice. Invoice Date – The date on which professionals create and issue an invoice. Invoice Due Date – The last date up… Continue reading How to Write an Invoice for a Painting Job? You Must Know It

What Is a Non-Operating Expense? Non-operating expenses are business costs not linked to your manufacturing process or main activities. Businesses usually write off non-operating expenses while assessing the business performance to identify market trends and establish new strategies. Another reason for separating non-operating expenses from other expenses is to avoid inaccuracy that might occur due… Continue reading A Guide to Non-operating Expenses: Definition, Examples, & Tips to Manage

What are Operating Expenses? Commonly known as opex, operating expenses are the costs incurred due to business operations. These are necessary expenditures that allow your business to run its day-to-day operations smoothly. Office rent, utility bills, travel costs, material costs, and staff salaries fall under operating expenses. Operating expenses can be linked directly to the… Continue reading Operating Expenses: What Does it Mean & How to Calculate it

What Does Purchase Invoice Mean? Why Are They Important? A purchase invoice is a financial document that the supplier issues to the buyer to urge for payment in correspondence with the purchased product. This invoice outlines the details about the purchased goods, unit price, quantity, and applicable taxes. Purchase invoices are crucial and hold a… Continue reading What Is a Purchase Invoice? Why and How to Create It?

How to Create an Invoice for Landscaping Services? Professionals from landscaping businesses can generate landscaping invoice examples. However, they have to choose the right landscaping invoice software like Moon Invoice, which offers numerous invoice templates and advanced features to manage landscape billing. For how to make an invoice for landscaping services, you need to follow… Continue reading How to Make an Invoice for Landscaping? Explore the Guide

What Is an Expense Claim? An expense claim is a formal request that employees submit to the company to claim and receive the whole expenditure done by themselves during business travel. Business-related expenses are related to food, travel, accommodation, and other expenses related to the company. It should cover the proper itemized list of expenses,… Continue reading What Is an Expense Claim? Learn How to Claim Expenses

What is Service Revenue? Service revenue is a company’s net income generated by providing services as per customer’s request. Whatever amount is incurred after completing the service goes directly to the accrual accounting records until you get paid. Since it’s a service revenue, income earned through product deliveries or interest is excluded. Hence, the revenue… Continue reading What is Service Revenue & How Important is it for Your Business?

How to Create an Invoice From an Estimate With Moon Invoice? Creating invoices from estimates is a handy process when utilizing accounting software like Moon Invoice. However, you must check the status of an estimate before conversion. There are different strategies to convert an estimate into an invoice, which are as follows: 1. Duplicating the… Continue reading How to Create an Invoice from an Estimate Seamlessly?