Merchant Account 101: The Ultimate Business Guide
Running a business, whether a bustling brick-and-mortar shop or a thriving online store, requires a reliable way to accept payments. For businesses that want to accept credit and debit cards, a...
How to Understand & Prevent Chargebacks
Chargebacks. The word itself can send shivers down the spine of any business owner. These disputed transactions can eat into your profits, create administrative headaches, and even damage your...
Annual Recurring Revenue (ARR): Your Complete Guide
For subscription businesses, understanding Annual Recurring Revenue (ARR) is non-negotiable. It's the compass that guides your financial planning, the benchmark against which you measure success, and...
Choosing the Right Subscription Software: A Complete Guide
Running a subscription business is like juggling flaming torches while riding a unicycle—exciting, but definitely tricky. Between managing recurring billing, tracking customer churn, and ensuring...
Payment Reconciliation: Your Guide to Accurate Finances
Running a business is like juggling—multiple payment methods, various invoices, and the constant need to keep your financial records straight. One dropped ball can lead to a messy situation, and...
Recurring Payment Processing: The Ultimate Guide
Recurring payment processing can feel like a complex puzzle, especially if you're new to the world of subscriptions. But with the right guidance, it can become a powerful tool for growing your...
How to Record a Deferred Revenue Journal Entry
Ever get that lump-in-your-throat feeling when you think about accounting? It's not just you. Deferred revenue is one of those concepts that can seem a little intimidating at first, but honestly,...
B2B Payment Gateways: What You Need to Know
B2B payment gateways play an important role in managing accounts receivable. They act as the digital checkout counter for business transactions, processing payments securely and quickly. These tools...
ASC 606 Explained in Five Minutes
ASC 606, Revenue from Contracts with Customers, redefined how businesses recognize revenue. Issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board...
What Exactly is Revenue Recognition?
Accurate financial reporting is at the heart of any business, but many companies struggle with it. According to a 2024 survey by BlackLine, nearly 40% of CFOs globally don’t fully trust their...