How to Structure a Venture Debt Deal

May 14, 2024
How to Structure a Venture Debt DealVenture debt, also known as venture lending, venture capital debt, or venture debt loan, is a financing option for startups and high-growth companies. Here’s everything you need to know about structuring a venture debt deal.Definition…
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How to Receive Revenue On Your Books Before Earning It

April 4, 2024
How to Receive Revenue On Your Books Before Earning ItRevenue is at the center of all businesses. Without it, you wouldn't have a business, so accounting for that revenue is an essential part of the process. However, receiving revenue isn't always…
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All About Journal Entries for Contract Revenue Recognition

November 30, 2022
All About Journal Entries For Contract Revenue RecognitionMost simple financial transactions involve a customer requesting goods or a service and paying for them immediately. This is an easy accounting process when recording the transaction as revenue. But, what happens when…
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The 5 Steps of ASC 606

April 8, 2022
The 5 Steps of ASC 606 IntroductionAs a business, you may be aware of the new ASC 606 accounting standard that was released in late 2014. The goal of this standard is to create a more accurate and consistent representation…
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Best Practices for Effective AR Reporting

March 10, 2022
Best Practices for Effective AR ReportingHow AR Reporting Helps Eliminate Cash Flow NightmaresAccounts receivable (AR) reporting gives your business insight into outstanding invoices and money owed to the company. Any time you make a sale or render service and are…
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The Simplest Steps for Streamlining Your AR Invoicing Process

March 2, 2022
The Simplest Steps for Streamlining YourAR Invoicing Process What are the best practices for AR invoicing?Anytime your company provides goods or services without requiring a full payment upfront, you will be invoicing against accounts receivable. If this process does not…
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How to Correctly Prepare Deferred Revenue Journal Entries

January 19, 2022
How to Correctly Prepare Deferred Revenue Journal EntriesWhat are deferred revenue journal entries?Any time your company receives payment for future goods or services, this is deferred revenue. You might also know it as unearned revenue. The deferred revenue journal entry…
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