Recording a discount into an invoice that has already been recorded in QuickBooks requires the creation of a discount item. Once applied, the discount item applies to the item on the line directly ...

The lack of liquidity available to SMEs to fund their operations is a well-documented problem. The knock-on impact of small businesses being unable to grow is considered a major factor holding back ...

Invoice discounting is one of the fastest and easiest ways to offset the impact of outstanding account receivables on cash flow. The concept enables businesses to gain instant access to cash by ...

A small vendor from Gujarat supplying chemicals to a large petroleum corporation listed its invoice worth Rs 1.5 lakh on the M1xchange discounting platform. After the corporation approved the invoice, ...

So far, four private entities have been licensed to operate on the invoice discounting platform viz., M1xchange, Invoicemart, RXIL, and C2FO. (Image: Freepik) In FY24, 41.6 lakh invoices amounting to ...

Invoice factoring involves selling your outstanding invoices to a third party at a discount. It might make sense if you need fast access to cash but can’t qualify for a business loan. Invoice ...

This has been aided by introducing features like RuPay credit card on unified payments interface. Credit and finance for MSMEs: Payments company Mastercard on Thursday announced its collaboration with ...