If the bank is at fault, a person could explore filing a claim in court. However, a bank is typically only liable for honoring a check if there is an issue other than the date of the check, such as a forged signature or the check was counterfeit or fraudulent. The...
Bookkeeping
Small Business Bookkeeping Basics
In many instances, an accountant prepares the initial chart, and the bookkeeper references it while recording transactions. Below are some of the most common statements a bookkeeper uses to monitor activities. If you plan to do your own bookkeeping, you’ll need to...
15 Key Accounts Receivable Automation Benefits
Make sure to consider the specific needs of your business, including your software integrations, accepted payment methods and workflows, before finalizing your decision. Late payments and overdue invoices can strain cash flow and create financial uncertainty for your...