Delayed payments cause late fees and strained vendor relationships. Prices need to be verified against the original purchase order’s negotiated prices and quantities billed for must be confirmed against quantities actually received. The invoices need to be routed to the relevant parties for approvals. It’s a good idea for the person doing the receiving to …
What Is Three-Way Matching & Why Is It Important? Read More »
Content How a Tax Refund Works Dear Life Kit: My husband secretly racked up our credit card bill. Now what? Double-check Your Deductions How to recognize an official Oregon website Consider tagging in a professional. Remember, timing can boost your tax refund Racial inequality in tax laws: How tax codes impact Black Americans Mnuchin ponders …
There can be non-financial uses for the terms “gross” and “net” as well. For example, the gross weight of a container of food refers to the weight of the food itself as well as the packaging. Net (as in the piece of meshed fabric) is a very old word that hasn’t changed very much over time. …
Content Comparing Stocks and Bonds How do I buy stocks? Bond Yields vs. Prices RETIREMENT Stocks represent part ownership in a company Bonds are generally safer, but stocks tend to be more profitable What Is an Example of a Bond? Bonds represent debt, meaning that you are owed money These bonds are subject to federal …
