by taxPRO Websites Staff | Nov 3, 2022 | Bookkeeping
Debit memos add a layer of traceability by formally recording why a charge was added post-invoice. They connect back to original transactions, making it easier to explain adjustments and defend financial records under audit scrutiny. Debit memos allow businesses to...
by taxPRO Websites Staff | Nov 1, 2022 | Forex Trading
This delay can make it harder for businesses to quickly address cash-based issues or seize opportunities, as the financials might not reflect the actual cash available. Accrual basis accounting captures the full financial picture by recording revenue when it’s earned...
