Glossary

3-way matching refers to a three-step process of matching three key documents before processing a payment to a supplier.

30-day and 13-week operating cash burn are also known as the “burn rate.” These are the rates at which a business consumes its cash reserves.

SaaS accountants face complex tasks. Here are 5 essential journal entry examples they need to master.

AI billing covers how SaaS companies meter and charge for AI features. Learn about usage-based pricing, key metrics and ERP integration.

AI revenue recognition refers to two things: first, it refers to using artificial intelligence for revenue recognition automation in accounting systems.

Accounting Standards Codification (ASC) 606 is a standard framework for revenue recognition developed by the Financial Accounting Standards Board (FASB).

Account reconciliation compares records to spot discrepancies and confirm accuracy. Learn how NetSuite simplifies this key accounting task.

Accounts payable (AP) refers to the amount of money that a business owes to its suppliers or creditors for goods or services purchased on credit.

Accounts payable automation (AP Automation) refers to the use of technology and software solutions to streamline and optimize the accounts payable process.

Accounts payable days show how long it takes your business to pay suppliers – a key metric for cash flow, working capital and supplier trust.