Bookkeeping

When you set up recurring billing, you can collect payments without requiring customers to take action for each billing cycle. This regular revenue makes financial planning easier and reduces the time you spend on payment collection. These are table stakes, so look for recurring billing features within a larger revenue lifecycle management platform. This way,…

Fixed expenses are monthly expenses that remain stable and predictable regardless of business activity or output. Examples include rent or mortgage payments, car payments and car insurance premiums, and loan repayments. ‍You’ll sometimes hear periodic expenses referred to as periodic costs. Effectively budgeting for periodic expenses Outsource Invoicing starts by taking a look at historical…