What is a Cash Equivalent?

What is a Cash Equivalent?

Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and subject to an insignificant risk of changes in value. Because of their high liquidity and low risk, cash equivalents are almost as safe as cash. Here’s...
What Is Payroll Processing?

What Is Payroll Processing?

Payroll processing is the process of managing employee wages, salaries, deductions, and other payments related to their employment. It is essential to running a business, ensuring that all employees are paid correctly and on time while helping employers comply with...
How to Fix Cash Flow Problems

How to Fix Cash Flow Problems

Like most business owners, you’ve probably had to deal with cash flow problems at some point. Maybe you ran into an unexpected expense, or your sales dropped. Whatever the reason, cash flow problems can be a real pain. But don’t worry; there are ways how...