Financial Management is one of the critical aspects of any organization. It is a process of planning, organizing & monitoring financial resources with the aim to achieve organizational goals and objectives. Health of the capital market may also affect basic financial management the financing decision. During boom period, investors are ready to invest in equity […]
Monthly Archives: February 2021
In the event that a customer submits a payment for an amount greater than what is applied to the invoice (“overpayment”), the remaining payment amount can be transferred to a credit balance in Zuora Billing. The credit balance can then be applied (just like a payment) towards an open invoice. In the steps below, you […]
Any increase to an asset is recorded on the debit side and any decrease is recorded on the credit side of its account. Debit and credit are financial transactions that increase or decrease the values of various individual accounts in the ledger. A credit balance is an amount that can be used to lower the […]