Billing Platform

OCTOBER 4, 2023

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Transform Your Revenue Recognition Processes At its very core, ASC 606 revenue recognition governs how revenue generated is recorded on a business’s financial statements.

Financial Statements 85

Financial Statements General Ledger Billing Data Entry 85

Future Firm

MAY 24, 2023

Take all of your accounting functions into the cloud, not just your general ledger. So in 2014, I wrote an article titled, “ How the Technology Behind Bitcoin Could Transform Accounting as we Know It “. Cloud computing technology allows you to work from essentially anywhere as long as you have a stable internet connection.

Accounting 98

Accounting Accounting Computation XERO 98

AvidXchange

SEPTEMBER 1, 2017

As of 2014, many B2B buyers do online research when making purchasing decisions. This means every payment is automatically recorded on the general ledger. For large businesses, this includes a dedicated internal audit department looking for security holes, compliance issues, and a lack of audit trail.

Billing 52

Billing Invoicing Deposits Computation 52

IMA's Count Me

JULY 29, 2019

And then right after that is that data analytics of proactive data monitoring program is actually the number two way with surprise audits actually. Mitch : (06:59) So can you walk us through a little bit of your, you know, normal investigative work. What are some of the costs of doing a program internally for an organization?

CPA 40

CPA QuickBooks General Ledger Financial Statements 40

Cloud Accounting Podcast

JUNE 28, 2020

They were launched in 2014. When we created our company, Cloudsourced Accounting, back in 2014-2015, around the same time as ScaleFactor, I had this idea that it would be this big, fast-growing online bookkeeping company that would do software, and we would do the same thing. Cash is easy to audit. They're faking their books."

Bookkeeping 40

Bookkeeping QuickBooks Payroll Auditing 40

Cloud Accounting Podcast

SEPTEMBER 1, 2020

This means that e-commerce sellers are dealing with massive amounts of transactions that need to appear in the general ledger correctly so that you can easily reconcile these transactions with a bank statement. Scott's Add-Ins will link general ledger data in Xero to Excel. My understanding is they're huge in New Zealand.

Payroll 40

Payroll Tax QuickBooks CPA 40