Woman sitting at desk looking at computer illustrates blog "Do Factoring Companies Check Your Credit?"

Do Factoring Companies Check Your Credit?

For businesses that struggle with slow-paying clients, factoring companies can be a great way to improve their cash flow. However, business owners often wonder if factoring companies check their credit scores. If you’re asking this too, then this blog is for you.  Do Factoring Companies Check Your Credit Score? Typically, factoring companies don’t check your…

Smiling woman in office sitting at desk with computer screen illustrates blog "Accounts Receivable vs Control Account: What Is the Difference?"

Accounts Receivable vs Control Account: What Is the Difference?

When it comes to keeping your business financial information streamlined, you can come across several confusing and seemingly similar terms. With that in mind, today we offer a detailed explanation of the differences between accounts receivable and a control account. Accounts Receivable vs Control Account: What Is the Difference? The fundamental difference between accounts receivable…

Man and woman looking at laptop illustrate blog "Are Accounts Receivable Assets or Liabilities?"

Are Accounts Receivable Assets or Liabilities?

Accounts receivable management can be complex when you don’t have specialized accounting knowledge. For example: are accounts receivable considered assets or liabilities? In today’s post, we answer this and other common questions about AR management. What Are Assets and Liabilities? To determine whether accounts receivable are assets or liabilities, we have to define some basic…