article thumbnail

What’s new in Xero – September 2024

Xero

AU: Improved user experience for the employee opening balances tab within Xero Payroll To help save time and ensure more accurate payroll from the first pay run, we’ve modernised the user interface, included more informative content, and ensured the page meets accessibility standards. Click on the Accounting tab within Xero to get started.

XERO 263
article thumbnail

1099 Preparation and Filing Year-End Bookkeeping Full-Year QuickBooks Write-Ups

Outsourced Bookeeping

Managing finances effectively is critical for the success of any business, especially when preparing for tax season. From 1099 preparation services to year-end bookkeeping and full-year QuickBooks write-ups , ensuring your financial records are accurate and compliant can be daunting. How to Prepare and File 1099 Forms?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New features announced at Xerocon Nashville

Xero

It gives them a complete picture of their cash flow so they can make informed decisions about their business. We’ve also revamped the workflow for completing W9s, making it easier for vendors to fill them in and return them faster, making 1099 preparation more seamless.

XERO 246
article thumbnail

Understanding W-9 Forms: A Comprehensive Guide

oAppsNet

A W-9 form is a document the Internal Revenue Service (IRS) provides that formally requests a taxpayers identification information. Heres why it matters: Accurate Tax Reporting : Businesses use the information on a W-9 form to prepare 1099 forms, which report non-employee compensation to the IRS. What is a W-9 Form?

article thumbnail

14 Best Software for Accounting and CPA Firms (2024 Edition)

Jetpack Workflow

That also supplies accountants with access to Xero HQ, where you can collect and manage client information and documents, get listed in the advisor directory, and more. This easy-to-use, straightforward platform automates payroll runs and compliance tasks, such as payroll tax filing and year-end W-2 and 1099 preparation.

CPA 52
article thumbnail

The best reconciliation software and tools in 2023

Nanonets

The accuracy and reliability of financial reporting are vital for organizations to make informed decisions and meet regulatory requirements. It swiftly rectifies any instances of funds being deposited into the wrong accounts and ensures that critical financial decisions are based on reliable information. Sources: [link] [link] 2.