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The world of business is not just about turnover. Turnover is important, but it only tells part of the story. The real health of your business is often determined by one key word: margin. What is meant by it? Margin is the difference between what you receive for your product … […]

Cost centres are a crucial part of financial accounting in companies. They allow companies to allocate costs across different departments, projects or activities, giving them better insight into their expenses. But what exactly are they, why are they important, and how are they applied in practice? In this blog, we … […]

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 … […]

Entrepreneurs

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 … […]

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? … […]

Entrepreneurs