Accounts receivable financing offers companies a way to obtain funds during a difficult situation or to fund a project with the potential for high returns. There are two options: using average monthly income as the basis for a loan or factoring, where the lender takes control of receiving payments and provides periodic reports. The debtor […]
The credit department is responsible for creating and sending invoices, receiving payments, and monitoring money owed. They maintain customer billing information and apply discounts. They work closely with the accounts payable department to ensure timely payments to suppliers. One of the core principles of running a business is to have a means of keeping abreast […]
National accounts assess a country’s economic activities, using accounting principles similar to corporate accounting. They include data on manufacturing, income, expenses, government entities, and households. National accounts help understand the current state of the economy and plan for the future. Sometimes known as macroeconomic accounts or national accounts systems, national accounts are systems that employ […]
The World Health Organization’s National Health Accounts track and evaluate healthcare budgets and processes globally, providing a tool for comparing funding and expenditures at the national level to identify areas for improvement. The data helps countries analyze trends, forecast future needs, and plan funding at the national and private levels. The information is publicly available […]
