Category Archives: Bookkeeping

When cash is used to pay an invoice, that cash cannot be used for some other purpose. Rho provides a fully automated AP process, including purchase orders, invoice processing, approvals, and payments. Instead, investors who note the AP turnover ratio may wish to do additional research to determine the reason for it. During the current […]

Variable expenses are costs that change in conjunction with some other aspect of your business. Cost of materials purchased is a variable expense because it increases as sales increase or decreases as sales decrease. Sales (a.k.a. total sales or revenue) is the monetary value of the goods or services sold by your business during a […]