Billing

This template offers a sample blank invoice with important fillable fields included, and a tab that displays that template with sample data filled in and associated callouts.

Microsoft Excel

… Read More

We asked the IOFM Advisory Panel to weigh in on what comprises the perfect invoice. Our goal was to come up with a guide for both AP and AR to follow, with the objective of creating a document that… Read More

Q. What does the term EOAP + N90 mean? Would you explain what type of payment term this is? I'm not familiar with "EOAP." Should I avoid this and ask for lower terms? How is this different from N30,… Read More

Disputed charges and short payments are issues that every AR professional constantly grapples with. We asked IOFM Senior Trainer Judy Bicking about the biggest issues and the best ways for AR… Read More

AP and AR often seem to be at cross-purposes—yet they have a lot in common. Both AP and AR department members are working to feed their families and represent their employers’ interests

… Read More

ERS, most commonly used in the manufacturing industry between established trading partners, was introduced in the U.S. by Ford Motor Company, which picked it up when it acquired an interest in Mazda… Read More

What methods or processes do businesses practice when handling invoice disputes? Is it a one step process that Accounts Receivable handles? Are sales reps or the billing department involved? Julie… Read More