Acton Accounting & Bookkeeping

AUGUST 7, 2016

If people buy a life insurance policy now, they will have more freedom to deposit a lump sum of money to pay for a premium. Prepay an insurance policy in lesser time: With the new tax rules, 8 years will be the fastest payment term to pay up a policy.

Tax 52

Tax Deposits Bookkeeping Accounting 52

Cloud Accounting Podcast

JUNE 12, 2018

This is a noticeable increase from 2016, when only 23% had made the jump. QBO Payroll Done Right: Contractor Direct Deposit — QuickBooks Blog — In addition to helping businesses with employees run payroll more efficiently, QuickBooks payroll now supports businesses that want to pay independent contractors.

General Ledger 40

General Ledger XERO Payroll CPA 40

AvidXchange

SEPTEMBER 1, 2017

Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.

Billing 52

Billing Deposits Invoicing Computation 52

AvidXchange

JANUARY 10, 2018

They’re leveraging EFT (Electronic Funds Transfer) payments with direct deposit and auto draft for subscription services. In Ardent Partners’ ePayables 2016 report , reducing processing costs was the number one focus of AP leaders. Buyers are well-adjusted in the ePayments world.

AP 40

AP Deposits Accounts Payable Accounts Payable 40

AvidXchange

JANUARY 4, 2018

Nearly 75% of companies were targeted in 2016. Real-time payments are generally deposited immediately. Finance departments that work with foreign suppliers and buyers are often targeted with BEC scams via email for payments, primarily wire transfers. The statistics of the B2B payment methods are alarming.

Budgeting 40

Budgeting Deposits Reconciling Accounts Payable 40

Cloud Accounting Podcast

JULY 7, 2020

They gave Wirecard an unqualified audit for years 2016 through 2019, while these accounts were supposed to exist. What got weird about that is that the amount in those accounts became so large- it's equivalent to more than a quarter of the total group revenue for Wirecard in the years 2016 through 2019; a quarter of all of their revenue.

Tax 40

Tax Auditing Deposits Accounting 40

Cloud Accounting Podcast

AUGUST 11, 2020

Blake Oliver: [00:21:59] So, all this real-time deposits thing is getting bigger and bigger because we were just talking about this last episode. They were taken private by Apollo Global Management in 2016 - a deal valued at $4.3 They started at $21 on Tuesday, and they fell down to $16.85 on Wednesday.

QuickBooks 40

QuickBooks Microsoft Excel Billing Payroll 40