What Are Liabilities in Accounting?
But not all liabilities are expenses—liabilities like bank loans and mortgages can finance asset purchases, which are not business expenses. An expense is the cost of operations that a company incurs to generate revenue. Expenses are related to revenue, unlike assets and liabilities. The most common liabilities are usually the largest such as accounts payable and […]
Invoicing Create and Send Custom Invoices
It’s quick to modify the date and other details as needed by altering your templates. PayPal invoicing allows you to create multiple invoice templates for quick billing. It also lets you import data from previous invoices, which is great for efficient billing for repeat business. The next step is to enter the details of the […]