If your business extends credit to its customers, charging and collecting interest is well within your right. Most businesses with account receivables don't charge interest unless payment is really ...

It's a sad but inevitable fact of business that occasionally a deadbeat customer won't pay a bill. As a business owner, you record and track in accounts receivable, or A/R, the money owed you for ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.