The cash method and accrual method are two ways to process sales transactions. The cash method records a sale when cash exchanges hands. The accrual method processes a sale without receiving money, ...

Learn how trade date accounting records transactions on the agreement date, its benefits over settlement date accounting, and its impact on financial statements.

Discover how to transfer money between different banks efficiently. Learn about types, benefits, and limitations of external financial transfers.

Countries regulate and tax imported goods through the customs duties they impose at their ports of entry. According to the World Trade Association, a hierarchy of techniques exists to determine the ...