Man giving thumbs up illustrates blog "What Does 'Cash Flow-Positive' Mean?"

What Does “Cash Flow-Positive” Mean?

Whether you’re a seasoned entrepreneur, a budding startup founder, or simply someone interested in financial literacy, understanding what it means to be cash-flow positive is crucial. Let’s delve into this concept to understand its importance. Defining “Cash Flow Positive” At its core, being “cash flow positive” means that a business or individual has more money…

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…