bsns.Dictionary
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The break-even point is when your revenue exactly equals your expenses: no profit, no loss, just covering...
APR (or Annual Percentage Rate) is the total yearly cost of borrowing money, expressed as a percentage....
Account reconciliation is the process of checking that your financial records actually match reality....
Accounts receivable (A/R) is the money your business is owed. You’ve done the work, sent the invoice,...
Accounts payable (AP) is the money your business owes to other people - typically vendors, suppliers,...
Bookkeeping is the day-to-day job of tracking a business’s financial activity - all the money coming...
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