The Difference Between Unpaid and Overdue Invoices Unpaid Invoices Unpaid invoices are invoices that you have sent to your customers that have not been paid yet. Unpaid invoices are also classified as “outstanding”. This does not mean that they are overdue. Overdue...
Managing the finances of a small business is an essential part of a business owner’s or bookkeeper’s job. You’re almost certainly involved in every aspect of your organization, and it can be easy to let some things slide. Don’t be tempted to do that with your...
For many small businesses, trying to keep up with accounting, invoicing, and general bookkeeping tasks can be a major challenge. SMB owners often find themselves tasked with ongoing bookkeeping work, and it’s easy for things to slip through the cracks. Fast forward to...
There is, perhaps, no better illustration of the “with great risk, comes great reward” concept than the “Buy Here, Pay Here” (BHPH) sector of the sub-prime automobile industry. However, the advent of automated billing systems has decreased the risks associated with...