Business Education

What is a Chargeback? 

chargeback

A chargeback is a dispute over a payment already paid to an account that may result in a return of funds. … A refund is charged directly by the seller, but the credit card issuer or bank issues a refund, also known as a payment dispute.

How to Keep Track of Account Receivables?

Accounts receivable

Tracking your receivables is an important part of running a company. Three tips to keep organized and focused. Managing receivables is important in identifying possible collection problems early. Past receivables appear to get harder to obtain the older they are.

How to Ask for Late Payments from Your Customer

payment

Submit your first follow-up email a week before payment due date. So, if you face a late payment, you’ll need to continue sending follow-up emails until you get your bill. Requesting late payment can be tough, but the key is to modulate your tone through these emails.

What Is a Sales Invoice?

invoice

What is a sales invoice? A sales invoice is an important and popular document used by all kinds of businesses. Companies use sales invoices to remind buyers of the amount owed for products or services sold. Most sales invoices often include when payment is expected.