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Sage Advice

Explore our blog and find articles, insights, and tips to support your business.
Orthopedic practice profitability by location, provider and service line

Orthopedic practice profitability by location, provider and service line

How multi-site orthopedic groups can measure profitability by location, provider, service line and payer, and what makes those margins reliable to use.

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What is accounts payable? Definition, examples, and how it works

What is accounts payable? Definition, examples, and how it works

Accounts payable, by definition, is money a business owes suppliers for goods or services received on credit. Learn how AP works in accounting with examples and best practices.

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What is the accounts payable process?

What is the accounts payable process?

Learn the steps in the accounts payable process, from purchase orders and invoice matching to approvals, payments, recording, and reconciliation.

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The ultimate guide to accounts payable reconciliation 

The ultimate guide to accounts payable reconciliation 

Learn what accounts payable reconciliation is, how to reconcile AP, and the key steps, examples, and best practices for accurate month-end reconciliation.

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What is GAAP? Accounting principles defined

What is GAAP? Accounting principles defined

Learn what GAAP is in accounting, why it matters, the key accounting principles, who sets these rules, and how businesses apply GAAP in financial reporting.

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Deferred tax liability: A practical guide

Deferred tax liability: A practical guide

A deferred tax liability is a future tax obligation stemming from temporary differences in book and tax treatment. Learn how a DTL works with accounting examples.

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Generative AI in supply chain: Where it creates value and where to start 

Generative AI in supply chain: Where it creates value and where to start 

Explore generative AI use cases in supply chain planning, logistics, data quality, and where gen AI creates measurable value.

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A repeatable month-end close for primary care groups growing through acquisition

A repeatable month-end close for primary care groups growing through acquisition

How primary care groups growing through acquisition can build a repeatable month-end close: consolidation boundaries, account mapping and reconciliations.

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