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Billing Cycle
A billing cycle is the regular interval at which a business generates invoices for its customers, such as monthly or quarterly. It determines when revenue is recognized and when payments are expected. A well-structured billing cycle helps maintain consistent cash flow and improves customer payment behavior.
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Business Valuation
The process of determining the economic value of a business, used in sales, mergers, or fundraising.
Breakage
Revenue recognized from unredeemed gift cards, vouchers, or prepaid credits that customers never use.
BAS Agent
A professional registered with the Tax Practitioners Board authorized to prepare and lodge BAS on behalf of businesses.
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