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Overcoming E-Invoicing Challenges: Tips for SMBs in the EU

Overcoming E-Invoicing Challenges: Tips for SMBs in the EU

by Robert Brandon | Apr 22, 2025 | Accounting

Key takeaways An invoice is a document or record between a buyer and vendor. An e-invoice and digital invoice are both electronic alternatives to traditional paper invoices.  E-invoices differ from digital invoices in that they follow a structured format and...
How to Optimize Your Inventory Accounting and Boost Profits

How to Optimize Your Inventory Accounting and Boost Profits

by Jared Plumb | Mar 3, 2025 | Accounting

Key takeaways Proper inventory accounting involves tracking all materials, including raw materials, work-in-progress, and finished goods.  Inventory accounting aims to ensure that all financial records are accurate and up to date.  Which inventory costing...
How Mid-Market Exchange Rate Can Impact Your Bottom Line

How Mid-Market Exchange Rate Can Impact Your Bottom Line

by Robert Brandon | Jan 23, 2024 | Accounting

Currency has value. That simple fact is what enables businesses to function. Many factors go into ensuring a currency has value and stability, but most of us accept that it does without giving it much thought. But for small businesses dealing in multiple currencies,...
Direct Materials Cost Variance Formula for Manufacturers

Direct Materials Cost Variance Formula for Manufacturers

by Robert Brandon | Nov 2, 2023 | Accounting

Managing operating costs is an essential part of any business. This is doubly true for manufacturers who have a lot more variables to consider. On top of typical operating costs– wages, electricity, warehouse space, and so on– they have to deal with sourcing raw...
How to Save on Paypal Currency Exchange Rates

How to Save on Paypal Currency Exchange Rates

by inFlow Inventory | Dec 3, 2008 | Uncategorised

If you’re a business based outside of the United States but use Paypal to collect US dollars, Paypal might be double-charging you.  First, you pay the usual Paypal fees.  Second, you’re probably paying Paypal another 2.5% to exchange your money from USD to...
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