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                            A billing clerk is a financial expert responsible for the production and issuance of invoices and account memos. A billing clerk plays an essential role in the company’s finance department. According to the Bureau of Labor Statistics, most accountants begin their career as a billing clerk.
 
                                Cash Control means monitoring and managing credit and cash allocation, collection policies, and disbursement policies, the invoicing cycle and the accounts payable policies. Cash control procedures for the receipt... Read More
 
                                Credit control is the mechanism that central banks and also companies use to ensure that it only provides credit to the clients who can pay back and on time. Credit control is a critical system that protects... Read More
 
                                Sales ledger is the commonly used term in Accounting. Originally sales ledger was manually recorded by the clerks, by hand. With the advent of computerized accounting software, a customer immediately searches... Read More
 
                                VAT is an EU indirect tax imposed on the supply of products and services in all European Union States. It is a consumption tax based on transactions and occurs at every point of the supply chain. It is added... Read More
 
                                To better understand Final Accounts, it is essential to know about Trial Balance. A Trial Balance is a collective list of a company’s general ledger records, the names, value, account number, account description... Read More
 
                                An organization of any firm’s financial statement, usually the fiscal year, made up at the end of an accounting period. The balance sheet reflects the financial situation of the company. These sheets are generally... Read More
 
                                In 2006 New Zealand Technological Company founded a fastest-growing web-based accounting software, Xero, intend to make a small to medium-sized business work in a more efficient way. Through internet cooperation... Read More
 
                                The gaming industry has got a global spotlight lately. People, especially youngsters, have started developing an interest in the gaming side. The video game industry is the new economic sector that has caught... Read More
 
                                In theory, AI is the computer system that can think and act rationally or the computer system that can think and act humanely. This system is also widely known as Machinery Intelligence, is the imitation of human ... Read More