Bookkeeping

Digital payment is the way of today, and tomorrow, and that means any business, large or small, needs to take advantage of electronic transactions. This concept is applicable to every digital transaction out there, and for merchants, businesses, and consumers it’s important to know how electronic money transfers work. Person-to-person or “P2P” payments allow a […]

For instance, switching suppliers too frequently can lead to instability in relationships and mistrust from partners. Building long-term partnerships with reliable suppliers may prove more beneficial in the long run by enabling mutual learning and process improvement. Costs incurred to fulfil a contract have similarities with work-in-progress, but they are explicitly excluded from the scope