One of the most important rules in accounting is the "matching principle," which requires revenues and expenses to be recorded together in the same time periods based on their causal relationships.

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Accounts payable (AP) refers to the amount of money a business owes to its suppliers or vendors for goods or services received but not yet paid for. These are short-term liabilities that need to be ...

Keeping track of the money your business owes its suppliers and vendors is crucial to its financial health and long-term viability. That’s why all businesses need an accounts payable reporting process ...

Companies taking a best-practice approach to AP and AR management are seeing big cost savings and much-improved cycle times. But revamping processes is no mean feat. Like other former back-office ...

FISCAL and Kefron have announced a stategic partnership. We're very pleased to announce our strategic partnership with Kefron, whose powerful invoice automation tool provides touch-free processing for ...