The InvoiceSherpa Blog

Explore thought-provoking articles, gain deep insights, and find inspiration as we delve into a diverse range of topics, sparking intellectual curiosity and fostering a community of avid learners.

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What is Cash Flow and Why Is It Important to Your Business?

In this article, you’ll learn about what exactly cash flow is, the difference between positive and negative cash flow, and many of the reasons why it’s so important

InvoiceSherpa’s Guide to QuickBooks Online

QuickBooks is essential for any small business owner, freelancer, or accountant. But if we’re beyond honest, without any background knowledge in bookkeeping, it can be rather difficult to set up your books on your own. This is where Quickbooks comes in to help. The software is set up to help your business “save 37 hours per month” thanks to its one-click synchronization with all your accounting data. And, you don’t even need to know a thing about accounting to be able to learn to navigate Quickbooks.

What You Should Know About an Accounts Receivable Aging Report

An accounts receivable aging report is an important document for business owners to understand. It’s essential to know the importance behind an AR aging report, how to read one, and how to prepare one. Let’s find out all of this and more in this article.

What is the Difference Between an Invoice and a Bill? Does it Matter?

Business owners have an obligation not only to their customers, but to themselves, to develop literacy with the financial instruments they will use every day. When it comes to invoices vs. bills, it can get a bit tricky to understand what the difference is between the two documents and when to use either one. After all, a misunderstanding can lead to disaster as it can cause you anything from a mere headache to major financial loss.

What is Accounts Receivable Turnover? | AR Turnover Formula and Calculation

Managing accounts receivable is one of the biggest pains in any business, let alone managing the AR turnover. But despite it’s difficulty, it is also an extremely important part of managing any business and keeping cash flow headed in the right direction. Continue reading to find out how you can calculate and manage accounts receivable turnover ratios.

Use These 10 A/R Tactics to Get Your Invoices Paid on Time, Every Time

Do the invoices you send never get paid on time and are always late? Yikes! Let’s explore a process you can use to make this problem go away. In this article, you’ll learn 10 ways to ensure that your invoices get paid on time, every time!