What Is the ACH Payment Method and How Does It Work?
If you’re a businessman or a bank clerk, and your standard day involves a lot of transactions, you might be familiar with the ACH payment system. However, not everyone is familiar with what it is or how it works. The majority of people have never even heard about it. The fact is that it’s essential […]
What Is a Profit and Loss Statement and How to Outsource It
Leading a successful business means knowing your way around the market and investments. Knowing how and when to sell your product can make a difference between successful and unsuccessful companies. But no matter how confident you are in the business model, you’ll still need some proof. A profit and loss statement provides insight into how […]
The Pros and Cons of Accounts Payable Outsourcing
Depending on what you’re trying to achieve, you’ll either want to get an accounts payable audit directly from a company or via their software. Obviously, there are advantages to auditing and outsourcing, but also a couple of downsides. To choose the one you need, you’ll need to familiarize yourself with the pros and cons of […]
A Complete Guide to Accounts Payable Audit Procedure
Unrecorded and duplicated payments, fraud, and unclear separation of accounting duties. These are severe and evident problems your company may encounter if it has a flawed accounts payable audit procedure. These errors can create a serious drawback to your financial situation or infrastructure. Naturally, every company, entrepreneur, or small business owner wants to avoid that. […]
How Checkissuing is Addressing COVID-19
As we are sure you are aware, COVID has been an increasingly growing concern, and now that the World Health Organization has officially declared COVID a pandemic. We felt it was important to address how Checkissuing is handling this alarming issue. We recognize that it is crucial to prioritize the needs of our clients, as […]
Certified Check vs. Cashier’s Check: What’s the Difference?
Checks are a secure way to pay or get paid, and that hasn’t changed for ages. Getting a check for your services is still a good way to go. However, before you can start getting paid this way, it’s important that you are familiar with different types of checks; otherwise, you might get scammed or […]
How to Tell If a Check Is Real or Fake
So you just got a check from your employer, and you can’t wait to cash it. You’re thinking of the best way to do it, and going to the bank directly sounds reasonable enough. And although you’ve already planned what you’re going to do with your money, you’re forgetting one thing. That is, of course, […]
How to Sign a Check Over to Someone Else
Having available checks from your bank gives you a lot of flexibility when paying on account. You pay for whatever you want to receive the goods on the same day, and specify the clearing date that suits you. It’s that easy. However, what happens when you want to sign a check to someone other than […]
How to Write a Check to Yourself: Is It Possible?
Before online transfers, people used to employ various methods to transfer money from one account to another. Nowadays, it’s easy to do so. You no longer have to go to a bank to transfer funds from account A to account B. You can do everything from the palm of your hand via an app. Alternatively, […]
What Is a Voided Check and How to Void a Check
Becoming financially independent involves knowing how to manage your finances and handle checks. Certain financial transactions may require you to use a voided check, and it is essential to understand what that entails. Setting up automatic electronic check payments, linking your bank account, and making direct payments are some of the things you can do […]