Today’s leading accounting platforms offer standard security features, such as data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. Also, Wave Accounting only…
The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Finance Strategists has an advertising relationship with some…
Day Sales Outstanding, or DSO, measures the time it takes your Accounts Receivable team to collect an invoice payment. It’s a valuable indicator for assessing the efficiency of your collections process and the credibility of your customers. CEI is an important metric for demonstrating that a business can…
If you don't want to record a payment, select Cancel. Here's how you can review all of your cleared transactions. Since all of your transaction info comes directly from your bank, reconciling should be a breeze. In some cases, your accounts are already balanced. If you reconciled an account…