Invoice discounting, or invoice financing, is a business financing method that uses unpaid customer invoices as collateral for a loan. Many, or all, of the products featured on this page are from our ...

A sales discount is a price reduction a company offers a customer as an incentive to pay an invoice within a certain time period. Using the net method of accounting for sales discounts, record the ...

A business is constantly buying things: supplies, inventory, raw materials, equipment. While some businesses transact only in cash, most purchase on credit, which requires an entry to accounts payable ...

Over the years, Warren Buffett and Charlie Munger have articulated an approach to discounting at odds with academic finance. Buffett and Munger eschew complicated math and spreadsheets in favor of ...