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The Pros and Cons of Outsourcing Accounts Payable: An In-Depth Analysis

Many business leaders expect a huge headache in switching from a traditional AP system to a more practical automated one. Companies that are worried about headcount expansion are often struggling with an equivalent increase in paperwork. Many companies outsource their AP for a variety of reasons that make perfect sense for their strategic situation. You’d […]

What are some examples of deferred revenue becoming earned revenue?

For example, you record salary expenses when you have an obligation to pay, not when you direct deposit paychecks to your employees’ bank accounts. On the balance sheet, the deferred revenue balance will reduce accordingly based on the revenue recognized. The remaining $150 sits on the balance sheet as deferred revenue until the software upgrades […]