Bank Reconciliations Defined: A Definitive Guide

If you haven’t been using bank reconciliation statements, now is the best time to start. A bank reconciliation statement is a document prepared by a company that shows its recorded bank account balance matches the balance the bank lists. This statement includes all...

Trade Discount Definition and Explanation

All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Trade discounts differ from other discounts because they are not usually medical billing supervisor job description advertised publicly. Instead,...

How to Endorse a Check: A Step-By-Step Guide

There are a number of reasons why people might use a blank endorsement. There may be cases, for example, in which the payee is not yet known, and someone uses a check to create a bearer paper which can be used by the payee to access the funds. Some types of negotiable...