Accounting

What is e-billing?  E-billing, or electronic billing, is the process of generating and delivering invoices to customers electronically, rather than in a physical paper format. E-billing systems can...

Introduction Capital expenditure refers to the costs incurred in acquiring or improving long-term assets, while revenue expenditure refers to the costs associated with running the business. Both are...

What is billing? Billing refers to the process of invoicing customers or clients for goods or services provided. It involves sending a bill or invoice that outlines the...

What is capital investment? Capital investment refers to the process of investing money in a business with the goal of generating future profits. It is a long-term investment...

The cost of capital is like the entrance fee to the financial playground.  What is cost of capital? Cost of capital is the price a company incurs to...

What is capital budgeting? Who doesn’t want to be a smart spender? Capital budgeting is the art of deciding how to spend your company's money wisely. Basically, it...

Introduction to financial accounting “Accounting is the language of business.” — Warren Buffett Accounting is an essential business language, as it clearly communicates key financial information to stakeholders....

What are CapEx and Opex?  Capital expenditure (CapEx or capital expenses) refers to the spending of money on assets that have a long-term benefit to the company, like...

What is a balance sheet? A balance sheet is a powerful financial statement that offers a precise picture of a company's financial status at a specific time. It...

Business budgeting When running a business, be it a new or an evolved enterprise, one of the most crucial areas to tackle and take charge of is bookkeeping,...