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Tag: missed payments

Bank Reconciliation vs Book Reconciliation: Key Differences

Bank Reconciliation Vs. Book ReconciliationIn accounting and financial management, we encounter the terms "Book Reconciliation" and "Bank Reconciliation". These terms are often used...

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Why Rent-to-Own is Bad for Buyers and What to Do Instead

If you are trying to buy a house but don’t have a large downpayment, you might consider entering into a rent-to-own agreement. With this...

How to Solve Real-Life Problems of Bank Reconciliations (With Examples)

Bank reconciliation is the process of matching the company’s cash ledger with the bank statements. The objective is to scrutinize each transaction and identify...

What is bank reconciliation? Definition, examples, and process

Bank Reconciliation is the process of matching the company's cash books to the bank statement. The aim is to ensure all transactions are accurately...

Why Is Bank Reconciliation important in accounting?

Bank Reconciliation is the process of matching the company's cash balance to the bank statement. The aim is to ensure all transactions, like customer...

Simplifying the settlement of invoices: A practical guide

Settlement of invoices isn’t simply about paying off a bill. It's a process that ensures every payment, adjustment, or write-off tied to an invoice...

A deep dive on the benefits of Variable Recurring Payments

Variable Recurring Payments (VRPs), or Dynamic Recurring Payments (DRPs) as they’re commonly known in continental Europe, represent a promising payments innovation and are poised...

Student Borrowers are Frustrated. Will Lenders Answer Calls for Transparency?

Most of the economic and social policies that dominated the COVID-19 pandemic era are gone. Masks, vaccine cards, and negative COVID tests are no...

Survey suggests reverse mortgage misconceptions remain rampant

Nearly three-quarters (74%) of respondents in a Mutual of Omaha survey report that they have little or no knowledge about reverse mortgages, with others...

AI invoice processing: How to leverage AI in AP Automation

AI invoice processing is no longer a sci-fi dream but a present reality reshaping the way businesses manage their accounts payable (AP). The rapid...

What You Need to Know About Cosigning for a Mortgage

Sometimes, we get by with a little help from our friends…or family. There are many reasons someone may need help to qualify for a mortgage....

Housing Is a Nightmare for Home-Based Child Care Providers – EdSurge News

Last fall, Gisela Sance’s landlord approached her family about raising the rent. He wanted $2,000 a month, an astonishing hike over the $1,300 she...

The UK has an opportunity to lead the world on BNPL regulation. Does it risk falling behind?

At this year’s edition of London Tech Week held last month, advocates of the city’s tech scene once again convened to showcase its benefits...

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