Blog
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An LLC (Limited Liability Company) is a popular legal form in the United States that combines elements of a corporation and a partnership. It offers entrepreneurs limited liability, meaning that their personal assets are protected against debts or legal claims by the company Why choose an LLC? An LLC is … […]
What is an LLC and how can TriFact365 speed up your administration?
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A purchase order is an official document that a buyer sends to a seller to order goods or services. This document contains important details such as product type, quantity, price and delivery terms. It forms a legally binding agreement between the two parties and helps streamline the procurement process. The … […]
What is a purchase order and why is it important?
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Entrepreneurs
The differences between machine learning vs deep learning
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Entrepreneurs
Find and verify a VAT number quickly and easily
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A packing slip is a document that accompanies an order and serves as a record of the goods delivered. It is an essential part of the logistics process, both for businesses and consumers. In this article, we will dive into the details of what exactly a packing slip is, why … […]
What is a Packing Slip and How to Process it Efficiently?
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Entrepreneurs
Supervised vs unsupervised learning: A comparison
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In business, it happens regularly: an invoice that needs to be adjusted. Perhaps a mistake was made, an order was cancelled or the customer returned (part of) the goods. In such cases, the concept of crediting comes around the corner. But what exactly does that entail? What does credit mean? … […]
An error on the invoice? This is how crediting works
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Entrepreneurs
Check VAT number with VIES for intra-EU trade
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In accounting, assets and liabilities are two fundamental terms that play an important role in understanding a company’s financial situation. Assets refer to a company’s assets that represent value, such as buildings, machinery, and inventories. Liabilities, on the other hand, are the company’s liabilities, such as loans, debts or other … […]
The difference between Assets and Liabilities
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In the world of finance and administration, “margin” is one of those terms that is often dropped but not always well understood. Many entrepreneurs look at their turnover and profits, but forget that margin is actually the driver of healthy growth. In this blog, we dive into what exactly it … […]
Margin, more than profit – TriFact365 helps get a grip