Category: Bookkeeping

However, FOB Destination can also be more expensive for the seller, as they are responsible for all transportation costs and any potential damages or losses during transit. This may result in higher prices for the buyer, as the seller may need to factor in these additional costs when setting their prices. Incoterms are standardized trade… Continue reading What is F O.B. Shipping Point and Who Bears the Risk? CLIMB

Or perhaps several expenses simply occurred in a month due to good cash flow. Late payments, delayed invoicing, and excess overdue payments make it challenging to financially operate. Many of these issues can stem from manual or tedious methods that fuel hours of non-billable work. Lawyers must keep track of a surplus of information across… Continue reading Law Firm Accounting: Streamlining Finances for Legal Success