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Invoice overdue means that the payment for an invoice has not been received by the due date specified on the invoice. In other words, the buyer has failed to pay for the goods or services received within the agreed-upon timeframe. They are often used when a customer has overpaid for goods or services, or if

Moreover, AP Contact integrates seamlessly with other enterprise systems like ERP or CRM software platforms. This integration ensures smooth data flow between different functions within your organization while minimizing data entry errors or duplications. The system works by automating invoice processing through cutting-edge technology such as optical character recognition (OCR), intelligent document capture, and machine

Looking at a single balance sheet by itself may make it difficult to extract whether a company is performing well. For example, imagine a company reports $1,000,000 of cash on hand at the end of the month. Without context, a comparative point, knowledge of its previous cash balance, and an understanding of industry operating demands,

They had set up Quickbooks online, connected their banking and made some “rules” to auto-apply their data. However, because no one had taken the time to review their data, they neglected to see that there were duplicate and triplicate entries in their books. They also had not noticed that one of their employees was using

For businesses on a growth track, the cost of not outsourcing bookkeeping and accounting can be detrimental to the business. This happens when performing the functions in-house interferes with essential business growth activities. Every hour you spend on bookkeeping or accounting is one less hour spent marketing your business, building client relationships, and other business